Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan

Sitting on a generous 14, 000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy. Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and moments away from Downtown Boston, this building boasts 4 vast units, ample on-site parking, garage space, separately metered utilities and efficient systems.

This building is currently a well stabilized cash cow; with significant potential to increase rents and enhance cash flow. The property showcases excellent value wth tremendous potential for rent increases. Capitalize on the thriving momentum in Mattapan while unlocking substantial growth potential for the future. Mattapan Square is minutes away and the building is centrally located in one of Boston's most accessible neighborhoods. This is THE premier investment opportunity of the year!

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on 515 Norfolk St
in Boston, MA
Presented by Markese Daise at
Stony Brook & Lennox Realty Advisors.


Property MLS #73191910 from MLSPIN

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 10

+ Other Rooms

Total Rooms: 22
Basement Description: Full

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

+ Garage and Parking

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Off Street
Parking Total: 15

+ Exterior and Lot Features

Patio And Porch Features: Porch, Deck
Road Frontage Type: Public

+ Land Info

Lot Description: Level
Lot Size Acres: 0.32
Lot Size Square Feet: 13797

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 145980

+ Multi-Unit Info

Number of Units: 4

+ Amenities and Community Features

Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

+ Other Property Info

Annual Tax Amount: 10638
City Region: Mattapan
Source Listing Status: Active
County: Suffolk
Directions: GPS
Tax Year: 2023
Source Property Type: Residential Income
Parcel Number: W:14 P:04190 S:000, 1362836
Postal Code Plus 4: 2345
Zoning: R3
Property Subtype: 4 Family
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-04-22
$1,488,000
MLSPIN

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Price Changed 2024-03-07
$1,499,000
MLSPIN

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Price Changed 2024-02-20
$1,550,000
MLSPIN

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Price Changed 2024-02-06
$1,560,000
MLSPIN

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Listed 2024-01-09
$1,575,000
MLSPIN

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Listing removed 2016-05-04
$750,000
MLSPIN

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Listed 2016-04-27
$750,000
MLSPIN

+ Commercial Info

Net Operating Income: 145980

+ Building and Construction

Year Built: 1905
Building Area Total: 5237
Building Area Units: Square Feet
Foundation Details: Concrete Perimeter
Property Age: 119
Roof: Shingle
Levels or Stories: 8
Year Built Details: Actual
Year Built Source: Public Records

+ Utilities

Sewer: Public Sewer
Water Source: Public

+ Display Complete School Details

Mildred Avenue K-8 is a public elementary and middle school located approximately 0.2 miles away.
Map directions

Berea Sda Academy is a private elementary, middle and high school located approximately 0.3 miles away.
Map directions

Boston International High School is a public high school located approximately 0.5 miles away.
Map directions