For Sale
$599,900

161 Blue Hill Ave Boston, MA 02119

Boston income property, strong lease in place.

Overview

Added:
Feb 3
Days on market:
73
This exceptional investment opportunity presents a prime commercial property located at 161 Blue Hill Avenue in Boston, Massachusetts. The property encompasses approximately 860 square feet of space situated on a 915 square foot lot. Currently, the property is under a 10-year lease agreement, initiated in 2018, which provides a consistent income stream for the investor. A key feature of this lease is the inclusion of annual rent increases, ensuring a steady growth in rental income over the lease term. Furthermore, the lease agreement includes options, offering potential for long-term stability and future growth. This property is ideal for investors seeking a stable, income-generating asset in a desirable Boston location. The property's compact size and established lease make it a low-maintenance investment with significant potential for return. Given the strong lease terms and the property's location, this represents a compelling opportunity for savvy investors looking for a secure and profitable addition to their portfolio. The asking price for this exceptional investment property is $599,900. Serious inquiries are encouraged.

Property Details for 161 Blue Hill Ave

Property type
Commercial real estate
Year Built
1925
Lot Size (sq. ft)
871 SF

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.31931
Longitude
-71.07794
161 Blue Hill Ave, Boston, Massachusetts

FAQs

What type of property is this?
Commercial real estate - Boston income property, strong lease in place.
Where is the commercial real estate located?
The property is located at 161 Blue Hill Ave Boston, MA.
What is the asking price?
The asking price for this property is $599,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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161 Blue Hill Ave
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