1187-1195 Blue Hill Ave, Boston, MA 02126
- $2,199,000
- List Price
- $2,199,000
- Status
- NEW
- MLS#
- 73582985
- Lot Size (Acres)
- 0.16
- Year Built
- 1900
Property Description
Excellent opportunity to acquire a fully leased, income-producing retail property along Blue Hill Avenue in Mattapan. This approximately 7,000 SF, two-story commercial building is 100% occupied by multiple tenants and generates approximately $205,572 in annual NNN income, or $17,131 per month. Offered at $2,199,000, the property delivers an attractive approximately 9.35% capitalization rate, providing a new owner with immediate cash flow and an established income stream from day one.Located along one of Mattapan’s primary commercial corridors, this stabilized investment offers a compelling combination of full occupancy, multiple income streams, NNN tenancy, and strong in-place yield. The property is well suited for investors seeking a passive-income commercial asset with Boston real estate exposure and the benefit of established tenancy in a well-known neighborhood.
Additional Information
- Taxes
- $24,196
Mortgage Calculator
Listing courtesy of Listing Agent: Jeff Similien from Listing Office: Venture Point Commercial Advisors LLC.
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