Property Description
Turnkey 3-family in the heart of Codman Square -- fully tenanted & cash-flowing from day one! This meticulously renovated triple-decker offers two 3BR units & one 2BR unit generating $8,425/mo in current gross income with a clear path to $9,400/mo at market rents. Over $195,000 in capital improvements including lifetime metal roof, 400-amp electrical upgrade, HVAC mini splits, new kitchens & flooring, updated plumbing & refinished hardwoods. Lead certificates in hand -- no delays, no surprises. Ideal for investors seeking strong in-place income or an owner-occupant looking to live affordably while the other units pay the mortgage. Codman Square offers unbeatable convenience -- walk to MBTA Commuter Rail (Talbot Ave) with direct access to South Station, surrounded by shops, dining & services with continued neighborhood appreciation. A rare, move-in ready opportunity in one of Boston's most connected and high-upside neighborhoods. Do not disturb tenants.
Overview
Property Type
Multi-family
Location
8 Colonial Ave, Boston, MA 02124
Zoning
R3
MLS ID
73513091
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
3
Flooring
Hardwood
Exterior
Stories
3
Water Source
Public
Utilities
for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
Roof
Metal
Lot Features
Other
Parking
Paved Drive, Off Street, Tandem, On Street, Paved
Sewer
Public Sewer
Substructure
Stone
Other Exterior Features
Rain Gutters, Other
Details
Total Area
3,469 Sq.Ft.
View Description
City View(s), City
Financial
Price
$1,200,000
Real Estate Tax
$9,595/yr
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