452 Park Dr
Boston, MA 02215
Offers Due 1/30/2020 · Multifamily Property For Sale · 8 Units

BUILDING: Five-story brick building with twenty-two (22) condominium units. The lower level is partially finished with a walk-out lower-level. The building was constructed circa 1920. PARKING: There is no off-street parking that comes with the eight (8) units. Tenants can park on the street with resident stickers. UTILITIES: The site is served with municipal water and sewer, natural gas, electricity, cable t.v., and telephone SIZE (SF): 7,647 ± RSF, 9,177 SF gross SF est. UNITS: Seven (7) three-bed / 1-bath units and one (1) 2-bed / 1-bath + study. HEATING: Steam heat by gas, the system is approximately 5 years old ELECTRIC: Separately metered electricity, paid by the tenants. ROOF: Flat rubber membrane roof replaced within the last 4 years. WINDOWS: Windows are individually replaced and maintained by the condo unit owner. LAUNDRY: Common area laundry machines are under contract with Mac-Gray. The individual condo owners share in the laundry revenue. APARTMENTS: The units have hardwood and tile floors, kitchen and baths have been updated as needed, some kitchens have dishwashers, some have fireplaces, but are not in use. IMPROVEMENTS: An extensive restoration project was done to the exterior envelope within the past 5 years. The project included a roof, brick pointing, gutters and other work. The total cost was approximately $1 million. Future projects include a new drain that will be installed on the Medfield St. side at the side entrance doors.