Standardized Operating Procedure of Purchase

Four streams of rental income under one roof! Well-maintained four-unit multifamily property 100% occupied, offered at a pro forma 8.93% cap.

The property is situated on a residential block with convenient access to major employment centers, shopping, dining, and public transportation. All units are 1-bed 1-bath, with different finishes (including hardwood, parquet, tile, and carpet). Owner pays heat and house meter for exterior lights and basement laundry. Owner’s National Grid bill is on the budget plan. Tenants pay for their electricity and hot water. On-site laundry room amenity in the basement so tenants don’t need to go to the laundromat. No lawn maintenance. Metal roof is 9-years old. Walk-in attic. Owner built patio out back with creek bed stone, so land is higher than the neighbors’ and level with the sidewalk.

Schedule a tour to be one step closer to adding four more units to your portfolio! Please allow 48-hour notice for showing appointments. Please do not disturb tenants without an appointment. Thank you.