MA > Boston
Boston, MA 02115,820-824 Huntington Ave
Boston, MA 02115,820-824 Huntington Ave
Boston, MA 02115,820-824 Huntington Ave
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$3,295,000
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4,740 SqFt
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820-824 Huntington Ave Boston, MA 02115

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Molly Smith

Molly Smith

+1(508) 980-9042

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,740 sqft

Price per Sqft $695

MLS Listing ID 73413518

HOA Y/N false

Year Built 1920

Annual Tax Amount $18,348

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Property Description

Prime Mission Hill mixed-use investment, corner lot steps to the Longwood Medical Area (LMA) & universities. This fully stabilized 6-unit asset generates $186,694 in Net Operating Income, offered at a compelling 5.67% CAP RATE. The commercial income is de-risked by two long-term leases with contractual rent escalations. The anchor market tenant's lease is extended to 2031 and includes a tax-stop clause, protecting ownership from future expense growth. Significant upside exists via strategic residential renovations to attract high-income LMA professionals from the new lab facility next door. Future potential to add a premium roof deck with skyline views (full stair/headhouse access in place). A proven cash-flow performer in an A+ transit-oriented location. Full Offering Memorandum available upon request. Do not disturb tenants. Showings by appointment only.

Location

State MA

County Suffolk

Area Mission Hill

Zoning NS

Direction Corner of Huntington Ave and Shepherd Street

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Others

Senior Community false

Listed by KM Real Estate Group

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Molly Smith

Agent

+1(508) 980-9042

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820-824 Huntington Ave

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