515R Norfolk St Boston MA 02126 MLS #73270433

515R Norfolk St
Boston, MA, 02126
$1,500,000
10 Beds
5 Baths
5,237 SqFt
0.32 Acres
$1,500,000
515R Norfolk St
Boston, MA, 02126
GIGANTIC 4 FAMILY BOSTON AREA MATTAPAN PROPERTY PERFECT FOR OWNER OCCUPANTS OR INVESTORS! 2 of 4 units are vacant and are ready for owner occupancy or top dollar rental! Introducing a prime investment opportunity:spacious 4-unit property in the heart of Mattapan on a HUGE 14,000 sq ft lot! Ideal for investors or owner-occupiers, this property is situated in a vibrant neighborhood with easy access to public transit and Downtown Boston. It features 4 expansive units, ample on-site parking, garage space, individually metered utilities, and efficient systems. Currently a well-stabilized income generator, this property offers significant potential to increase rents and boost cash flow. Take advantage of Mattapan’s dynamic growth and unlock substantial future value. Just minutes from Mattapan Square, this centrally located building is in one of Boston’s most convenient neighborhoods. Don’t miss out on the premier investment opportunity of the year!

Property Details

Price:
$1,500,000
MLS #:
73270433
Status:
Active
Beds:
10
Baths:
5
Address:
515R Norfolk St
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
Mattapan
City:
Boston
Listed Date:
Jul 28, 2024
State:
MA
Finished Sq Ft:
5,237
Total Sq Ft:
5,237
ZIP:
02126
Lot Size:
13,797 sqft / 0.32 acres (approx)
Year Built:
1905
Units:
4

Schools

Interior

Bathrooms
5 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Parking Features
Off Street
Parking Spots
15
Roof
Shingle

Financial

Net Operating Income
$145,980
Tax Year
2023
Taxes
$10,638
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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