Rarely available full brownstone building for sale in prime Fenway location. This fully occupied blue chip asset has an annual rent roll of 340K+ and has not experienced a vacancy in over 15 years. Dynamic location right near Northeastern University, Berklee College of Music, Fenway Park, shopping on Newbury Street and much more. Many value-add possibilities to significantly increase rent roll through renovating existing units or convert the building into a highly desirable single family residence. Currently configured as a 6-unit building spanning ~6500 square feet over 5 levels of living space with a private courtyard in the rear of the property. Newer Lochinvar Knight gas boiler for building. Fully leased through August 2025.
View Description:
City View(s)
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails
Facilitator Compensation:
0
Compensation Based On:
Gross/Full Sale Price
Sub-Agency Relationship Offered:
No
52 Fenway, Boston, MA, 02215
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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