515 Norfolk St Boston MA 02126 MLS #73191910

515 Norfolk St
Boston, MA, 02126
$1,488,000
10 Beds
4 Baths
5,237 SqFt
0.32 Acres
Open House Apr 28, 2024
01:00 – 01:30
Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan, sitting on a generous 14,000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy! Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and just moments away from Downtown Boston, this building boasts 4 very spacious units, ample on-site parking, garage space, separately metered utilities, and efficient systems. This building is currently a well stabilized cash cow; with significant potential to increase rents and enhance cash flow. The property showcases excellent value with tremendous potential for rent increases. Capitalize on the thriving momentum in Mattapan while unlocking substantial growth potential for the future. Mattapan Square is minutes away & the building is centrally located in one of Boston’s most accessible neighborhoods. This is THE premier investment opportunity of the year!

Property Details

Price:
$1,488,000
MLS #:
73191910
Status:
Active
Beds:
10
Baths:
4
Address:
515 Norfolk St
Type:
Multi Family
Subtype:
4 Family
City:
Boston
Listed Date:
Jan 9, 2024
State:
MA
Finished Sq Ft:
5,237
ZIP:
02126
Lot Size:
13,797 sqft / 0.32 acres (approx)
Year Built:
1905
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Schools

Interior

Bathrooms
4 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Parking Features
Off Street
Parking Spots
15
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$145,980
Tax Year
2023
Taxes
$10,638

Map

Community

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515 Norfolk St
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