Active
New
175-179 Wolcott Sq
Boston MA, 02136
$2,500,000
$483.93 per sqft
Active
New
4 Baths
5,166 sqft
Commercial
Built in 1920
Well-located investment opportunity for immediate cash flow and excellent long-term growth in an expanding market. A mix of retail and residential uses creates lower risk. Current capitalization rate is 5.5% with an immediate opportunity to increase apartment rents. The liquor store is under a 25 year lease at approx $31/fooot with 19.7 years remaining. The retail lease is triple net with price index increases every 3 years. This prime location in the Readville area of Hyde Park has immediate access to the Readville commuter rail station only two hundred yards away. It very well-positioned between Milton to the east and Dedham to the west. There will be two group showings: Thursday October 24 at 11am until noon. Tuesday October 29 from noon until 1pm. Register with the Seller's broker. Offers will be reviewed on Friday, Nov 1
73304453
MLSⓇ ID
October 21, 2024
Listed
October 21, 2024
Updated
Map
175-179 Wolcott Sq
Boston MA, 02136
Interior Features
Total Bathrooms
4
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Roof
Rubber
Other Property Details
Area Name
Hyde Park
Taxes
$17,000
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Suffolk
Pool
No
Zoning
CR
Courtesy of John Maxfield, Maxfield & Company Real Estate
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Data last updated 12:26 PM UTC, 10/21/2024
