14 Horace St - Unit 2
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14 Horace St - Unit 2
Apartment Building Offered at £631,218 at a 7.44% Net Initial Yield in Boston, MA 02128
Executive Summary
7.44% CAP RATE, GREAT CASH FLOW, DUPLEX CONDO! VERY PASSIVE INVESTMENT! GREAT CONDITION, TURN KEY. ALL NEW SYSTEMS AS OF 2020. 2 UNIT CONDO BUILDING. FIRST FLOOR IS OWNER OCCUPIED. 2ND & 3RD FLOOR ARE FOR SALE AS A CONDO!
LEASED THROUGH MAY 15TH OF 2025 @ $5,850/MONTH! TO EMERSON COLLEGE STUDENTS (4
YEARS NOW)! GROSS INCOME OF 0F $70,200. Expenses are just the annual condo fee of $4,308 ($359/month) + annual taxes of 6,463.50.
UNIQUE 5 BED, 2 FULL BATHS 1,732 SqFt penthouse CONDO WITH 1 DRIVEWAY PARKING SPACE in a
beautifully restored c.1899 home! Boasting original architectural details & hardwood floors throughout. A private
entry/mudroom, grand staircase, living room, dining room, eat-in kitchen, den, laundry room, huge primary closet,
exclusive rights to the 2021 ROOF DECK! Fir & Oak floors. Additional storage in common basement. Commuting will be a
breeze! 0.3 miles to Wood Island Station & just 5 stops to the heart of downtown Boston. Constitution Beach just 0.5
miles away! Enjoy swimming, kayak rental, tennis, baseball, basketball, handball, a jungle gym, an ice skating rink, the
bike path, and 2 yacht clubs. TURN KEY! Only 4.5 old all NEW electrical, plumbing, roof, insulation, & boiler! A truly RARE
OPPORTUNITY. Seller welcomes offers with requests for buyers concessions
LEASED THROUGH MAY 15TH OF 2025 @ $5,850/MONTH! TO EMERSON COLLEGE STUDENTS (4
YEARS NOW)! GROSS INCOME OF 0F $70,200. Expenses are just the annual condo fee of $4,308 ($359/month) + annual taxes of 6,463.50.
UNIQUE 5 BED, 2 FULL BATHS 1,732 SqFt penthouse CONDO WITH 1 DRIVEWAY PARKING SPACE in a
beautifully restored c.1899 home! Boasting original architectural details & hardwood floors throughout. A private
entry/mudroom, grand staircase, living room, dining room, eat-in kitchen, den, laundry room, huge primary closet,
exclusive rights to the 2021 ROOF DECK! Fir & Oak floors. Additional storage in common basement. Commuting will be a
breeze! 0.3 miles to Wood Island Station & just 5 stops to the heart of downtown Boston. Constitution Beach just 0.5
miles away! Enjoy swimming, kayak rental, tennis, baseball, basketball, handball, a jungle gym, an ice skating rink, the
bike path, and 2 yacht clubs. TURN KEY! Only 4.5 old all NEW electrical, plumbing, roof, insulation, & boiler! A truly RARE
OPPORTUNITY. Seller welcomes offers with requests for buyers concessions
Property Facts
| Price | £631,218 | Building Size | 1,732 SF |
| Sale Type | Investment | Number of Floors | 2 |
| Net Initial Yield | 7.44% | Year Built | 1899 |
| Property Type | Residential | Parking Ratio | 0.58/1,000 SF |
| Building Class | C | Parcel Number | EBOS-000000-000001-000873 |
| Lot Size | 0.04 AC |
| Price | £631,218 |
| Sale Type | Investment |
| Net Initial Yield | 7.44% |
| Property Type | Residential |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 1,732 SF |
| Number of Floors | 2 |
| Year Built | 1899 |
| Parking Ratio | 0.58/1,000 SF |
| Parcel Number | EBOS-000000-000001-000873 |
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Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (71)
zoning
| Zoning Code | CM (commercial manufacturing) |
| CM (commercial manufacturing) |
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Ash Williams -
Gibson Sotheby's International Realty
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14 Horace St - Unit 2
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