44 Cummings Rd is a $3,650,000, 7,192 square foot, 22 bedroom, 9.0 bath home on a 0.11 acre lot located in Boston, MA.
INVESTMENT OPPORTUNITY- located on the Brookline/Brighton line just outside Cleveland Circle this 5 unit brick building consists of three 5-bedroom / 2 bath units, one 4-bedroom / 2 bath unit and one 3-bedroom / 1 bath unit. The kitchens are fully equipped with stainless steal appliances, granite counter tops, and cherry wood cabinets. The 2 bathrooms per apartment with exception of the 3 bedroom unit have been completely renovated as well. The total monthly rent is $18,500 or $222,0000 per year with a Net Operating Income around 200K. With a very strong rental history this property makes for great investment or 1031 exchange. Fully leased though August 31st, 2019 with 3/5 units extended through August 31, 2020.(complete financials will be attached to MLS documents). Walking distance to both B & C - MBTA Green lines. The common area coin-op laundry can be found in the basement that has 10ft of ceiling height with room for the possibility of storage space or additional expansion.
|Above Grade Sqft||7,192|
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