Cash Cow in one of Boston most coveted street's. A projected 7.5% cap This newly renovated multifamily property offers an outstanding investment opportunity, generating 215k in annual rental income. Each unit has been thoughtfully updated with high-end stainless steel appliances and beautiful white oak floors, showcasing exceptional craftsmanship and modern style. The property is situated in a vibrant neighborhood, providing easy access to shops, cafes, and local amenities making it an ideal choice for both tenants and owners seeking convenience and comfort. With its prime location, quality finishes, and strong income history, this property is a must-see for investors looking for a turn-key asset in a highly desirable area. With beautiful finishes, central air, laundry in unit, and off street parking, the highly coveted apartments offer a rare quality allowing for an amazing rental history. Low expenses & limited management allow excellent cash flow day 1!
Two-Family Residential Subdistricts, as indicated by the designation 2F on said Maps. The Two-Family Residential Subdistricts are established to preserve, maintain, and promote low density two-family neighborhoods, to preserve existing structures, to provide for new infill construction appropriate to the existing fabric, and to allow minor changes to occur as-of-right. In a 2F Residential Subdistrict, the maximum number of Dwelling Units allowed in a single Building shall be 2.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Fire house
Police station
Park & open space
Oct 1, 2023 • Final
Electrical
Work on electrical systems.
Electrical
Electric meter
Dec 17, 2022 • Final
Electrical fire alarms
Work on a fire alarm.
Electrical
Fire sprinkler
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 6
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 5
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 17
Door Features: Insulated Doors
Window Features: Insulated Windows
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 3,900
Foundation Details: Concrete Perimeter, Block
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Patio And Porch Features: Deck
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.11
Road Surface Type: Paved
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $12,558
Tax Year: 2024
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Right off of Commonwealth Ave
UnparsedAddress: 33 Gerald Rd, Boston MA 02135
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Walk/Jog Trails, Laundromat, University
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 3,225
Stories: 2.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Suffolk County
APN: 1219991
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Edison K-8
Public PreK-6 • Assigned • 0.3mi
4/10
Mary Lyon K-8 School
Public K-8 • Assigned • 0.7mi
3/10
Lyon High School
Public 9-12 • Assigned • 0.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
54% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Brighton, MA • 02135
Average low and high temperatures (°F)
34
22
37
23
51
34
59
42
69
52
80
63
85
68
80
63
75
58
64
49
53
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.61M – $3.16M
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