Price Upon Req.300,000 SF
Madison Hawk Capital Markets Group is pleased to present this stabilized residential rental portfolio. This offering is a unique opportunity to purchase a portfolio of 1-4 family properties comprised of 250 fully deleaded, rehabbed and rented units with strong current returns and significant upside potential. The portfolio is located primarily in Massachusetts (94%), one of the strongest rental markets in the nation. Three of the top five rental markets in the country in terms of occupancy rates in 2015 are located in Massachusetts. The single strongest rental market in the nation, Worcester, Massachusetts, is home to 63% of the portfolio. The portfolio is 98.5% occupied with an NOI of $1,770,000. Bid Deadline is March 3, 2016.
Rare Legal 5-unit Brick Building for Sale in Boston's Thriving North End. Located on one of the neighborhood's Most Attractive side streets, this Larger than normal, residential dwelling offers Tremendous Value-add capability. Bigger 1-bed and smaller 1-bed on the first floor with a touch of Outdoor Space, and (3) Oversized floor-thru 2-beds on the three floors above that could easily be converted to 3-bed/2-bath units. The building is only 4 stories, which is one flight shy of the area's 55 foot height restriction. Roof Deck potential with Amazing City Views, Cast Iron Staircase, High Ceilings, Exposed Brick. Own a solid Investment in one of Boston's most Desired neighborhoods where multi-families are Extremely hard to obtain. Walk to the city's Best Restaurants, Bars, Boutique Clothing Stores, the Financial District, Faneuil Hall, Seaport, and all Major T-Lines. Building is Completely Vacant.
Exceptional 33 unit brick mid- rise. Historically known as the "Masonic Temple" building. 31- 2 bedroom units, 2 -commercial units. Effective 52,265 Square Feet- Equipped with elevator, fire coded, sprinklered, newer roof and mechanicals, HVAC- all separately metered, parking. Incredible investment opportunity, Strong rent, approx 10% cap rate, with 20% ROI. Prime location in the heart of Downtown Fall River.
Unit #6 - Currently vacant, rent was previous $785 (could be higher), FHA by Gas Heat tenant pays Unit #7 - no lease $725. Electric Baseboard tenant pays All separate utilities. Great income property convenient to all
Three-family house: Tenants pay utilities. Also included in this sale is a neighborhood bar with full liquor license, lottery, and Keno. Great opportunity for buyer to offer food in the 54-seat dining room, presently being used for vending machines. The owner is very motivated. Great opportunity for improvement through adding food and seats. Well-established on a busy street, high daytime population, very dense residential area.
$1,150,000Size Upon Req.
The property is a 100% occupied mobile home park on 7.24 acres of land the property is improved with 25 mobile home lots and a three (3) bedroom residence. Title Five Inspection completed and passed in 2014 and water system was upgraded in 2014. The mobile homes are all individually/resident owned. NOI of $101,476
Rarely available incredible investment - 56 unit building with strong rental history in prime Springfield location (potential casino site within 2 miles). Incredible returns of over 25% cash on cash. Priced for immediate sale. Note: Current rent shows a 8.8+ cap with 25% vacancy - projected cap well over 10! Strong income plus value add opportunity for active manager.
An Entertainer' s Dream! Classic New England Colonial sited on 1.39 private acres of stunning surroundings. Home was architecturally enhanced by a 2013 gut-renovation. With unmatched dedication to detail and quality, this home contains a dramatic two-story open staircase, master millwork, custom-designed lighting, LED lighting, restaurant quality kitchen, home office featuring wenge wood, screened-in porch with stone fireplace, gunite saline pool, cabana, and private yard framed by mature trees. The upper floors offer a master suite with sitting area and fireplace, a reading nook, ensuite bedrooms and a California beach style suite with open play space, sleeping loft and radiant floor bath. Unsurpassed creative design extends to the lower level with waterfall marble wet bar leading to a seamless glass wine cellar large enough for a tasting table and 2500 bottles of fine wine. A spectacular 8-seat media room with Sim2 Projector, a home gym and full bath complete the space.
Prime investment opportunity! Offered at a cap rate near 6.25%, this property offers a great return and tremendous appreciation potential! A corporate tenant leases the entire multifamily and operates it as supervised residential housing for 7 individuals pursuant to an agreement with the MA Dept of Mental Health. The tenant has just signed a new 2 year lease (plus a 1 year option) and is responsible for all utilities, snow removal and increases in real estate taxes and building insurance. A new rubber roof was installed in 2010.
Prime prime prime - gorgeous mixed-use building in the heart of desirable Hyde Square steps to the new Whole Foods and the intersection of Centre & Perkins (minutes to the Pond!) Beautiful building, home to the famous Brendan Behan Pub (est. 1988) and two other businesses in first floor retail space that brings in over $7,000 a month. Plus four spacious residential units above, each with 5 rooms, 2 plus bedrooms, separate systems, updates and significant upside to rents (units rented well below market). Priced for immediate sale and an amazing investment in this desirable location.