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%
— MLSPIN #: 73354533Map of 7 Wenham St, Boston, MA 02130
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| List Price: | $3,075,000 |
|---|---|
| Status: | New |
| MLS ID: | 73354533 |
| Town: | Boston |
| Neighborhood: | Jamaica Plain |
| County: | Suffolk |
| Zip: | 02130 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 15 |
| Full Baths: | 8 |
| Living Area: | 5,312 sqft |
| Acres: | 0.13 |
| Taxes: | 19,600 |
| Cooling: | Central Air |
| Flooring: | Hardwood |
| Heating: | Forced Air, Natural Gas |
| Lot Features: | Other |
| Parking Features: | On Street |
| Status: | Active |
| Water Source: | Public, Individual Meter |
| Year Built: | 1900 |
| Roof: | Shingle |
| Window Features: | Insulated Windows |
| Directions: | Wenham St is located off Walk Hill St and within walking distance to the Forest Hills T Station |
| Foundation Details: | Stone |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-04-03 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.13 |
| Lot Size Square Feet: | 5,760 |
| Rooms Total: | 24 |
| Bathrooms Total Integer: | 8 |
| Building Area Source: | Measured |
| Building Area Total: | 5,312 |
| Community Features: | Sidewalks |
| Exterior Features: | Rain Gutters, Sprinkler System |
| Interior Features: | Living Room, Kitchen, Laundry Room, Dining Room |
| Levels: | 10 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Open Parking?: | Yes |
| Parcel Number: | 1353994 |
| Patio And Porch Features: | Porch, Patio |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | 0 |
| Green Energy Efficient: | Attic Vent Elec. |
| Stories Total: | 10 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $216,540 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Comp Based On: | Gross/Full Sale Price |
| Cooling Units: | 4 |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 4 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 4 |
| Gre: | 39,959 |
| Heat Units: | 4 |
| Heat Zones: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $578.88 |
| Page: | 0 |
| Price Per Sqft: | $578.88 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $173,868 |
| Operating Expense: | $39,959 |
| Original List Price: | $3,075,000 |
| Tax Assessed Value: | $1,676,800 |
| Tax Year: | 2025 |
| Total Actual Rent: | $18,045 |
| Year Built Details: | Approximate |
| Bedrms 1: | 4 |
| Bedrms 2: | 4 |
| Bedrms 3: | 4 |
| Bedrms 4: | 3 |
| F Bths 1: | 4 |
| F Bths 2: | 4 |
| F Bths 3: | 4 |
| F Bths 4: | 3 |
| Rent1: | 4,600 |
| Rent2: | 4,800 |
| Rent3: | 4,495 |
| Rent4: | 4,150 |
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 05, 2025 10:29 AM
Property Last Updated: April 03, 2025 01:09 PM
Listing Courtesy of: Northeast Private Client Group, LLC
Listing Agent: Tim McGeary
857-990-6804
