The Portfolio consists of 3 multifamily buildings located at 227 (MLD ID: 4999463), 237 Amory Street (MLS ID: 4999464) and 509 Beech Street (MLS ID: 4999465). 227 Amory Street consists of a 3-story multi-family building and contains 6 residential units comprised of (5) 2-Bedroom units and (1) 1-Bedroom unit. The building is separately metered for utilities and the Tenants pay for electricity and gas fired heat and hot water (excluding units 1L & 2L). The Landlord is responsible for gas fired hot water for units 1L & 2L and domestic water and sewer. 237 Amory Street consists of a 3-story multi-family building and contains 6 residential units comprised of (2) 1-Bedroom and (4) 2-Bedroom units. The Tenants pay for electricity and gas fired heat, while the Landlord is responsible for common electric, gas fired hot water, and domestic water and sewer. 509 Beech Street consists of a 3-story multi-family building and contains (6) residential units comprised of (3) 1-Bedroom and (3) 2-Bedroom units. 509 Beech also features six on-site parking spaces. The Tenants pay for electricity and electric heat, while the Landlord is responsible for common electric, gas fired hot water and domestic water and sewer. The unit matrix offers an attractive mix of 1-Bedroom and 2-Bedroom apartments, and the below market rents offer the potential for increased income on the Property. The opportunity exists to drive rental rates through programmatic upgrades to the remaining unrenovated unit interiors.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 22, 2024 2:08 AM EDT

 

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