The Delhi Apartments are comprised of three contiguous six-unit apartment buildings. The asset boasts an impressive $46,211 monthly rent roll ($554,528 annual) giving an investor a tremendous opportunity to acquire a stable, cash-flowing deal that has been professionally managed for over 15 years. The properties are comprised of (15) two bedroom/one bathroom units and (3) one bedroom/one bathroom units. Each building features separate gas fired boilers, central hot water, separate electric meters and coin-op washer & dryer. Significant improvements have been made to the units and buildings during the current ownership. Two separate driveways provide access to the parking lot in the rear of the property. The property is located less than 3/4 of a mile from the Morton Street rail station on the MBTA Commuter Rail, which provides easy access to North Station and downtown Boston.
- Heating System:
- Baseboard, Natural Gas
- Parking:
- Off Street
- Construction:
- Frame
- Flooring:
- Tile, Wood, Vinyl, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Complex completion approx end of February. See ALL attached docs. Must be first-time home buyer! Pls complete application and submit to SEB Housing (Affordable Housing Monitor) in order to be considered elig for the program/purchase. Taxes/Assessed value estimated based on sales price., One assigned parking space, but plenty of guest spots. Many occupants have 2 cars. Tenant responsible for $47 application fee
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water, Unit 2(water, Hot Water)
- Market Time:
- 5
- Parking Spaces:
- 18
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $362
- Zoning:
- .
- No Units:
- 18
- Orig Price:
- $5,700,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02126
- Longitude:
- W72° 54' 37.7''
- Latitude:
- N42° 16' 35.2''
Residential Income
157-167 Delhi Street, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $5,700,000
- Bedrooms :
- 33
- Rooms :
- 69
- Total Bathrooms :
- 18
- Full Bathrooms :
- 18
- Square Footage :
- 15,744 Sqft
- Year Built :
- 1930
- Lot Area :
- 0.69 Acre
- Listing ID :
- 73451014
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com