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666 Massachusetts Ave 5 Unit Apartment Building $5,963,580 CAD ($1,192,716 CAD/Unit) 5.60% Cap Rate Boston, MA 02118
Investment Highlights
- 2017 Gut Renovation
- All units have private outdoor space
- 2+ deeded parking spots
Executive Summary
Enjoy this 2017 fully renovated, 5 unit brownstone ready to go and fully tenanted at $19,000/month for '25-26. This multifamily offers high ceilings, large window exposures, open living room & kitchen floor-plans, white marble countertops, hardwood flooring throughout, bathrooms with walk-in showers & glass doors, recessed LED lighting, Bosch appliances, in-unit laundry, central a/c and large, private decks including a roof top deck for the penthouse unit. Don't forget the two deeded parking spots that come with it.
Property Facts
| Price | $5,963,580 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $1,192,716 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 5.60% | Building Size | 4,621 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| Gross Rent Multiplier | 17.95 | No. Stories | 5 |
| No. Units | 5 | Year Built/Renovated | 1900/2017 |
| Property Type | Multifamily | Parking Ratio | 0.43/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | Residential | ||
| Price | $5,963,580 CAD |
| Price Per Unit | $1,192,716 CAD |
| Sale Type | Investment |
| Cap Rate | 5.60% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 17.95 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 4,621 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1900/2017 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Crown Molding
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Deck
- Freezer
- Instant Hot Water
- Island Kitchen
- Smoke Free
- Quartz Countertops
- Floor to Ceiling Windows
Site Amenities
- Laundry Facilities
- Tenant Controlled HVAC
- Gas Range
- Smoke Free
- Trash Pickup - Curbside
- Vintage Building
- Roof Terrace
- Public Transportation
- Private Bathroom
- Individual Leases Available
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 2+2 | 2 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | CBOS-000000-000008-001542 | Improvements Assessment | $2,175,145 CAD |
| Land Assessment | $2,506,975 CAD | Total Assessment | $4,682,120 CAD |
Property Taxes
Parcel Number
CBOS-000000-000008-001542
Land Assessment
$2,506,975 CAD
Improvements Assessment
$2,175,145 CAD
Total Assessment
$4,682,120 CAD
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666 Massachusetts Ave
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