Ned Mahoney - Keller Williams Realty

219 Commonwealth Ave, Newton, MA 02467

Chestnut Hill

Multi-Family

$8,600,000
Price
$9,200,000
Sale Price

28
Units
14,560
Approx. GLA
Rare once in a generation investment opportunity. "The Chestnut Hill" at 219 Commonwealth Ave a classic 28-unit building in one of Greater Boston's premier rental locations.  100% occupied with an incredible rental history of near zrero vacancy, this Tudor Revival style building sits just moments from the entrance to Boston College and the MBTA Green Line. It's strong mix of primarily one bedroom units (plus a few studios and 2 BRs and one spacious duplex 3 BR unit) and desirable location have the building pre-rented for the coming year with many tenants staying for multiple years. Many nits boast views of the Boston Marathon route (which runs right by the front door on Comm Ave) and the Waban Hill Reservoir next door. Hardwood floors, several fireplaces and great detail along with open unit layouts throughout. Tours to begin the week of July 11, call for offers to follow - offered on a unpriced basis - price is only an estimate of suggested value
Highlights
Sale Price: $9,200,000
Settled Date: 11/15/2016 12:00:00 AM
Area/Village: Chestnut Hill
Basement Features: Finished
List Price: $8,600,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Sold
Beds: 32
Baths: 29
Units: 28
Year Built: 1899
Approx. GLA: 14,560
MLS#: 72035046
 
Interior
Basement: Yes
Cooling Units: See Details Now
Cooling Zones: See Details Now
Electricity Cost: See Details Now
Electric Features: See Details Now
Heating Units: See Details Now
Heating Zones: See Details Now
Flooring: See Details Now
Energy: See Details Now
Fireplaces: See Details Now
Hot Water: See Details Now
Rooms: 86
Green Certification: See Details Now
Lead Paint: See Details Now
Total Floors: 4
UFFI: See Details Now
Exterior
Water: See Details Now
Facing: See Details Now
Acres: 0.24
Lot Size: 10,347.00
Lot Description: See Details Now
Foundation: See Details Now
Foundation Size: See Details Now
Waterfront: See Details Now
Waterview Feat.: See Details Now
Garage Spaces: See Details Now
Parking Spaces: 12
Parking Features: See Details Now
Road Type: See Details Now
Color: See Details Now
Construction: See Details Now
Roof Material: See Details Now
Utility: See Details Now
Exterior: See Details Now
Exterior Features: See Details Now
Sewer/Water: See Details Now
Water: See Details Now
Water: See Details Now
Sewage District: See Details Now
Taxes
Short Sale Lender Approval: See Details Now
Title 5: See Details Now
Lender Owned: No
APOD Available: See Details Now
Assessed Price: $4,758,200
Taxes: $54,500
Tax Year: 2016
Book/Page: See Details Now
Zoning: See Details Now
Warranty Available: See Details Now
School
Grade School: See Details Now
Middle School: See Details Now
High School: See Details Now
Beach
Beach: See Details Now
Miles to Beach: See Details Now
Beach Description: See Details Now
Beach Ownership: See Details Now
Expenses
Expenses Source: See Details
Gross Income: See Details
Gross Expenses: See Details
Total Rent: See Details
Net Income: See Details
Gas Cost: See Details
Heat Cost: See Details
Insurance Cost: See Details
Management Cost: See Details
Refuse Cost: See Details
R&M Cost: See Details
Sewer Cost: See Details
Water Cost: See Details
Misc. Cost: See Details
 
Additional
Amenities: See Details Now
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 1 1 2 0 Yes 2 $3,200
Unit 2 4 2 0 3 1 0 Yes 1 $2,200
Unit 3 3 1 0 2 1 0 Yes 1 $1,625
Unit 4 3 1 0 3 1 0 Yes 1 $1,650
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen, Office/Den 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Map
The listing office is Coldwell Banker Residential Brokerage - Newton - Centre St. and the listing agent is Todd Glaskin. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 9/22/2017 10:35:00 PM.
 
Ned Mahoney
Ned Mahoney
Keller Williams Realty