

Description
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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Listing Agent: Marta Kopania Courtesy of: Red Carpet Premier LLC IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 24th May, 2022 12:19 PM (UTC)