1187-1195 Blue Hill Ave, Boston, MA 02126
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Caitlin Unger

Caitlin Unger

+1(617) 522-2421
$ 2,199,000
Est. payment | /mo

6,969 Sqft Lot

Save
$ 2,199,000
Est. payment | /mo
Save

6,969 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73582985

HOA Y/N false

Year Built 1900

Annual Tax Amount $24,196

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

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.

Location

State MA

County Suffolk

Zoning commercial

Direction Google

Exterior

Utilities Available Public Water

Others

Senior Community false

Listed by Venture Point Commercial Advisors LLC

LOCATION

1187-1195 Blue Hill Ave

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Caitlin Unger
Caitlin Unger

Marketing Director

+1(617) 522-2421

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