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Listed by Kris MacDonald of Insight Realty Group,Inc.
ATTENTION INVESTORS & OWNER OCCUPANTS: WONDERFULLY UPDATED CLASSIC 3-FAMILY HOME IN A TOP DORCHESTER LOCATION BETWEEN WASHINGTON STREET & BLUE HILL AVENUE! THIS STUNNIGN BUILDING HAS HAD MANY RECENT IMPROVEMENTS INCLUDING A 2012 RENOVATION: WINDOWS, RUBBER ROOF, KITCHEN, PLUMBING, HEATING AND NEW BATHROOMS IN 2019!!! ALL SEPARATE UTILITIES THIS BUILDING IS A CASH COW AND TURNKEY FOR THE NEXT OWNER. EVERYTHING HAS BEEN DONE & LEAD CERTIFICATES IN HAND! INCOME IS $86,400/YEAR WITH EXPENSES OF $18,132. THE NOI IS $65,675. THE ESTIMATED CAP RATE IS 6% WITH A RETURN ON INVESTMENT OF 7%!!! THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD. THIS IS A VERY STABLE INVESTMENT OPPORTUNITY, WITH LITTLE TO DO! FOR OWNER-OCCUPANTS: THE SELLER CAN DELIVER A UNIT VACANT FOR YOU! WON'T LAST!!!

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Property Details of 88 Whitfield Street, Dorchester

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