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Prime investment opportunity! Offered at a cap rate near 6.25%, this property offers a great return and tremendous appreciation potential! A corporate tenant leases the entire multifamily and operates it as supervised residential housing for 7 individuals pursuant to an agreement with the MA Dept of Mental Health. The tenant has just signed a new 2 year lease (plus a 1 year option) and is responsible for all utilities, snow removal and increases in real estate taxes and building insurance. A new rubber roof was installed in 2010.

Property Details of 55 Dudley Street, Roxbury

Property Details

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Utilities and Appliances

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Listed by Eric Shabshelowitz and Mike Schwartz of Cabot & Company

Listing Sold by Jacob Realty, LLC

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