41 Harold StBoston, MA 02119

For Sale
$1,290,000
3-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional three-unit apartment building, located at 41 Harold St in Boston, MA, presents a compelling value-add investment opportunity. Built in 1910 and renovated in 2008, the property boasts a total of 6,105 square feet situated on a 2,524 square foot lot. The building features three spacious units, each approximately 1,750 square feet. Two units offer four bedrooms and one bathroom, while the third unit includes four bedrooms and two bathrooms. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $90,904, resulting in a 6.59% cap rate. The asking price is $1,290,000, translating to $430,000 per unit. This Class C multifamily property, a three-story structure, offers significant potential for rental income or multigenerational living. Its prime Boston location in Suffolk County, zip code 02119, ensures strong rental demand and long-term appreciation potential. The property's size and layout provide ample living space, making it an attractive option for both investors seeking a strong return and owner-occupants looking for a multi-family residence. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable Boston neighborhood.

Highlights

  • Exceptional three-unit apartment building in Boston, MA, offering a value-add investment opportunity.
  • 6,105 square feet on a 2,524 square foot lot, built in 1910, renovated in 2008.
  • Three spacious units (approx. 1,750 sq ft each), two with 4 bedrooms/1 bath, one with 4 bedrooms/2 baths.
  • 100% occupancy, generating $90,904 NOI, 6.59% cap rate.
  • Asking price: $1,290,000 ($430,000 per unit).

Property Details for 41 Harold St

Property type
Apartment buildings
Square Feet
6,105 SF
Class
C
Year Built/Renovated
1910/2008
Buildings
1
Stories
3
Units
3

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.319263014059
Longitude
-71.08895350261
41 Harold St, Boston, Massachusetts

FAQs

What type of property is this?
Apartment building - 3-Unit Apartment Building, High ROI
Where is the apartment building located?
The property is located at 41 Harold St Boston, MA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Exceptional three-unit apartment building in Boston, MA, offering a value-add investment opportunity.; 6,105 square feet on a 2,524 square foot lot, built in 1910, renovated in 2008.; Three spacious units (approx. 1,750 sq ft each), two with 4 bedrooms/1 bath, one with 4 bedrooms/2 baths.
How can I contact the broker?
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41 Harold St
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