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1220-1226 Hyde Park Avenue, Hyde ParkBoston, MA 02136MLS Number 72909479

  • Price: $4,200,000The price has recently decreased
  • 51 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.11% last updated on 2021-12-02

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 021361220-1226 Hyde Park Avenue Boston MA 02136
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  • 12,000Square Feet
  • 0.28Acreage
  • 1940Year Built
  • 6Parking Spaces
Introducing a fantastic long term investment property. They have RCN as a tenant taking up 50% of the building on a 10 year lease w/ 10 year option (only 2 years in).The others in the building are; Exit Realty (5 year lease with 4 years left) | Property Management company (5 year lease with 4 years left) | Church (5 year lease with 4 years left). RCN pays 50% of all NNN expenses while other units have modified gross leases. New windows, 5 year old roof, updated electrical, new ductless AC units, and nice common areas. Parking for 6 Cars, plus lots of public parking next door at a public lot. Many developments in the area show future natural growth of value and wealth.
Listed by Arthur Deych of Red Tree Real Estate

Driving Directions

Boston Lofts

Your Local Office

Boston Lofts
745 Boylston Street
Boston MA, 02116

Office: 617-417-9237 / 617-642-4538

More Info

Parking

  • Parking Spaces6
  • Parking FeaturePaved Driveway
  • Total Parking Spaces6

Building

  • Year Built1940
  • ConstructionBrick
  • Total Units4
  • Total Bldg Sf12000
  • Reu Units1
  • No Buildings1
  • No Stories2
  • Entry OnlyNo
  • Assessed Value Bldg292400

Basic Information

  • MLS Number72909479
  • Prop TypeCI
  • Status Date2021-10-17T13:41:00
  • Date Listed10/17/2021
  • List Price$4,200,000
  • Price Per Square Foot$350
  • LeaseYes
  • DirectionClose to the corner of Hyde Park ave and River street
  • MLS StatusActive

Exterior

  • Roof MaterialRubber

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Photos

  • Photo Date2021-10-19T17:37:00
  • Number of Photos20

Other

  • Modification Date2021-10-21T03:05:00
  • Certificate Number95332
  • Property TypeOffice
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book56918
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf6000
  • Ref Bldg Sf6000
  • ExchangeYes
  • Page72

Location

  • StreetHyde Park Avenue
  • TownBoston
  • StateMA
  • Zip02136
  • Zip Code 42805
  • CountySuffolk
  • NeighborhoodHyde Park
  • LocationDowntown, Highway Access, Public Transportation, Corner Lot

Property

  • Acreage0.28
  • Net Operating Inc167640
  • Space AvailableFor Sale
  • Site ConditionDry
  • Square Feet12,000
  • SubletNo
  • Gross Annual Exp32400
  • Lot Size12370
  • Gross Annual Income200040
  • Assessed Value Land741600
  • Main LoAN0907

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