Stabilized Roxbury four-unit building with 12 total bedrooms and tons of upside from a rent income standpoint. Property will generate $10,856 based on approved rents. Currently generating $9,600 per month w/ two underperforming units that are occupied by long-term tenants. Limited CapEx to eclipse $13k+ per month in rent income (e.g. fresh paint, new fixtures). Expected low vacancy and high appreciation potential based on market trends, local development, and zoning overlay that promotes new/improved housing (Neighborhood Design Overlay District: Roxbury). The allure of this property is tons of living area square footage and a small, low-maintenance lot that essentially covers only the footprint of the building. There are two 4bd/1br units that both have two levels of living space and two 2bd/1br units that both have internal access to a full, unfinished basement. Capitalize on this functional multifamily with untapped potential that's set on a dead-end way in the heart of the city.
— MLSPIN #: 73349690Map of 1 Copeland Park, Boston, MA 02119
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| List Price: | $1,795,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73349690 |
| Town: | Boston |
| County: | Suffolk |
| Zip: | 02119 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 12 |
| Full Baths: | 4 |
| Living Area: | 5,888 sqft |
| Acres: | 0.06 |
| Taxes: | 10,107 |
| Appliances: | Range, Dishwasher, Refrigerator, Freezer, Oven |
| Cooling: | Window Unit(s) |
| Flooring: | Carpet, Hardwood, Stone / Slate, Tile |
| Heating: | Other |
| Lot Features: | Cleared, Level |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Roof: | Slate, Rubber |
| Window Features: | Skylight(s) |
| Directions: | Heading NW on Copeland St, turn right onto Copeland Pk (dead-end way). |
| Foundation Details: | Stone, Granite |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-03-25 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.06 |
| Lot Size Square Feet: | 2,780 |
| Rooms Total: | 20 |
| Bathrooms Total Integer: | 4 |
| Basement: | true |
| Basement: | Full, Interior Entry, Bulkhead, Concrete, Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 5,888 |
| Community Features: | Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University |
| Exterior Features: | Rain Gutters, Varies per Unit |
| Interior Features: | Storage, Internet Available - Unknown, Kitchen, Living RM/Dining RM Combo |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Open Parking?: | Yes |
| Parcel Number: | 3395871 |
| Patio And Porch Features: | Deck |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Road Frontage Type: | Public, Dead End |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | Varies per Unit |
| Zoning: | 0111 |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | All information is sourced from public records & seller. Subject property also known as "1-3 Copeland Park". Gross Income of $10, 856 is based on Boston Housing Authority's approved new rent price of $3, 828 for each 4-bedroom unit, a 19.62% increase with no improvements made (begins Summer 2025). |
| Electric Expense: | $48 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner, Pro. Forma Available |
| Gross Income: | $10,856 |
| Insurance Expense: | $440 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Color: | Beige |
| Comp Based On: | Gross/Full Sale Price |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Flrs 3: | 2 |
| Flrs 4: | 2 |
| Gre: | 2,848 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 2 |
| Levels 4: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $304.86 |
| Mgf: | 960 |
| Mse: | 63 |
| Page: | 270 |
| Price Per Sqft: | $304.86 |
| Square Feet Incl Base: | Yes |
| Net Operating Income: | $6,553 |
| Operating Expense: | $2,848 |
| Original List Price: | $1,850,000 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $927,200 |
| Tax Year: | 2025 |
| Total Actual Rent: | $10,856 |
| Water Sewer Expense: | $344 |
| Year Built Details: | Approximate, Renovated Since |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 4 |
| Bedrms 4: | 4 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 1,650 |
| Rent2: | 1,550 |
| Rent3: | 3,828 |
| Rent4: | 3,828 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on April 24, 2025 07:06 PM
Property Last Updated: April 21, 2025 03:06 AM
Listing Courtesy of: Coldwell Banker Realty - Milton
Listing Agent: Matthew J Tulley
857-214-0649
