7 Wenham St Boston MA 02130 MLS #73354533

7 Wenham St
Boston, MA, 02130
$3,075,000
15 Beds
8 Baths
5,312 SqFt
0.13 Acres
$3,075,000
7 Wenham St
Boston, MA, 02130
The Wenham Street Multifamily comprises (1) three bedroom / two bathroom & (3) four bedroom / two bathroom units. Tenants are responsible for their electric and gas, and water/sewer is newly submetered for rebilling on future leases. The Wenham Street Multifamily has undergone a complete renovation and is a turnkey/new construction property. The Wenham Street Multifamily boasts condo quality finishes, an in-unit laundry, and outdoor space. It is near numerous shops, restaurants, and public transit.The Wenham Street Multifamily provides an investor the opportunity to acquire a turn-key property with the ability to raise rents to market levels and potentially convert the fourth floor unit from a three bedroom to a four bedroom unit, adding to potential market upside.Pro Forma Income $232,800 Pro Forma Expenses $36,474 Pro Forma NOI $193,205 Pro Forma Cap Rate 6.28%

Property Details

Price:
$3,075,000
MLS #:
73354533
Status:
Active
Beds:
15
Baths:
8
Address:
7 Wenham St
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
Jamaica Plain
City:
Boston
Listed Date:
Apr 3, 2025
State:
MA
Finished Sq Ft:
5,312
Total Sq Ft:
5,312
ZIP:
02130
Lot Size:
5,760 sqft / 0.13 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Bathrooms
8 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Forced Air, Natural Gas

Exterior

Community Features
Sidewalks
Construction Materials
Frame
Exterior Features
Rain Gutters, Sprinkler System
Parking Features
On Street
Roof
Shingle

Financial

Net Operating Income
$173,868
Tax Year
2025
Taxes
$19,600
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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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7 Wenham St
Boston, MA