Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking spaces. Each unit is equipped with electric heating, simplifying maintenance by eliminating the costs associated with traditional heating systems. Residents benefit from off-street parking, with almost one space available per unit. The building's proximity to Roslindale Village station and multiple MBTA Bus routes ensures convenient access to the wider Boston. The current cap rate is over 5%, with potential for revenue enhancements through possible rent increases.
— MLSPIN #: 73344869Map of 237 Cummins Hwy, Boston, MA 02131
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| List Price: | $5,999,999 |
|---|---|
| Status: | Active |
| MLS ID: | 73344869 |
| Town: | Boston |
| Neighborhood: | Roslindale |
| County: | Suffolk |
| Zip: | 02131 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 31 |
| Full Baths: | 16 |
| Living Area: | 13,800 sqft |
| Acres: | 0.32 |
| Taxes: | 30,406 |
| Appliances: | Washer, Dryer, Range, Disposal, Refrigerator, Range Hood |
| Flooring: | Wood, Carpet |
| Heating: | Electric, Unit Control |
| Lot Features: | Level |
| Parking Features: | Paved Drive, Off Street, Assigned, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1970 |
| Roof: | Rubber |
| Directions: | Washington Street to Cummins Highway |
| Foundation Details: | Concrete Perimeter |
| Postal Code Plus4: | 3723 |
| Construction Materials: | Brick |
| Listing Contract Date: | 2025-03-12 |
| Heating?: | Yes |
| Lot Size Area: | 0.32 |
| Lot Size Square Feet: | 14,044 |
| Rooms Total: | 63 |
| Bathrooms Total Integer: | 16 |
| Building Area Source: | Public Records |
| Building Area Total: | 13,800 |
| Community Features: | Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station |
| Interior Features: | Laundry Room, High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen |
| Levels: | 9 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 16 |
| Open Parking?: | Yes |
| Parcel Number: | W:19 P:03998 S:000, 1393632 |
| Rent Includes: | Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water) |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range |
| Zoning: | A |
| Stories Total: | 9 |
| Year Built Source: | Public Records |
| Electric Expense: | $3,327 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $368,688 |
| Gross Scheduled Income: | $3,698 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| 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: | 54,087 |
| Lead Paint: | Certified Treated |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $434.78 |
| Page: | 155 |
| Price Per Sqft: | $434.78 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $314,601 |
| Operating Expense: | $54,087 |
| Original List Price: | $5,999,999 |
| Other Equipment: | Intercom |
| Parking Total: | 16 |
| Tax Assessed Value: | $2,600,800 |
| Tax Year: | 2025 |
| Total Actual Rent: | $30,724 |
| Water Sewer Expense: | $16,656 |
| Year Built Details: | Actual |
| Bedrms 1: | 2 |
| Bedrms 2: | 1 |
| Bedrms 3: | 2 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 1,925 |
| Rent2: | 1,600 |
| Rent3: | 1,975 |
| Rent4: | 1,875 |
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 12, 2025 11:14 PM
Property Last Updated: April 04, 2025 11:03 AM
Listing Courtesy of: Boston Plex
Listing Agent: Daniel S Lee
617-899-8529
