For Sale
$4,500,000
32 Park Vale Ave Boston, MA 02134
Prime Allston location, 8 units, strong cash flow.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- Stabilized Cash Flow: Fully occupied eight-unit building with leases extending to August 2025 and a strong historical occupancy rate.
- Upside Potential: Unit upgrades offer potential for increased revenue and reduced operating costs via recent HVAC system installations that shifted utility expenses to tenants.
- Excellent Location: Allston, Boston location boasts a Walk Score of 99, providing easy access to amenities and attracting students and young professionals.
- Transit-Oriented: Five-minute walk to the MBTA Green Line (Harvard Ave. stop) offers convenient access to Boston.
Property Details for 32 Park Vale Ave
- Property type
- Apartment buildings
- Square Feet
- 9,786 SF
- Year Built
- 1920
- Buildings
- 1
- Stories
- 3
- Units
- 8
Location Insight
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Latitude
- 42.351865
- Longitude
- -71.1334027
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Prime Allston location, 8 units, strong cash flow.
- Where is the apartment building located?
- The property is located at 32 Park Vale Ave Boston, MA.
- What is the asking price?
- The asking price for this property is $4,500,000.
- What are key features of this property?
- This property features: Stabilized Cash Flow: Fully occupied eight-unit building with leases extending to August 2025 and a strong historical occupancy rate.; Upside Potential: Unit upgrades offer potential for increased revenue and reduced operating costs via recent HVAC system installations that shifted utility expenses to tenants.; Excellent Location: Allston, Boston location boasts a Walk Score of 99, providing easy access to amenities and attracting students and young professionals.
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