Courtesy of: Marta Kopania | | Red Carpet Premier LLC
Year Build: 1920
Square Footage: 2,760 Sq ft
Address: 1626 Gladstone
Located 4 minutes from the infamous Boston Edison Historic District, you will find 1626 Gladstone nestled on a 5,357 square foot lot in a quiet neighborhood of homeowners. This crown jewel consists of 4 recently remodeled, two bedroom homes. Each unit has been upgraded and has newly installed furnace’s and hot water tanks. In addition, each unit has newer plumbing and electrical as well to insure maintenance free cash flow. Each spacious dwelling has the following cosmetic upgrades: freshly rolled paint, brand new carpet with top of the line underlayment, and a brand new roof 40 year roof. Each unit is leased to section 8 tenants and the monthly dividends go as follows: 1295, 1161, 1166, 1165=4787. The tenants pay the utilities, which allows this complex to maintain a 16% cash on cash return. Please contact listing agent by email or text. No showings without an accepted offer.
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