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Willets Landing 4945 Washington St

46 Unit Block of Flats £16,568,999 (£360,196/Unit) 4.92% Net Initial Yield West Roxbury, MA 02132

Executive Summary

I am thrilled to present this exceptional investment opportunity in the heart of West Roxbury. This newly constructed building, completed in 2020, offers a remarkable 48-unit property with a sprawling 50,000 square feet of living space. Situated in the charming neighborhood of West Roxbury, this building enjoys the best of both worlds - a tranquil suburban setting with easy access to all the amenities of Boston. Residents will appreciate the convenience of nearby shops, restaurants, parks, and excellent schools, making it an ideal choice for families and professionals alike.The building boasts a contemporary design that seamlessly blends with its surroundings. The sleek exterior and well-manicured landscaping provide a welcoming and elegant first impression. Each of the 48 units within this building offers generous living spaces, thoughtfully designed with modern finishes. With the rapidly growing demand for housing in Boston, this property represents a remarkable investment.

Property Facts

Price £16,568,999
Price Per Unit £360,196
Sale Type Investment
Net Initial Yield 4.92%
Sale Conditions 1031 Exchange
No. Units 46
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.83 AC
Building Size 47,537 SF
Number of Floors 4
Year Built 2020
Parking Ratio 1.4/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Tile Floors
  • Granite Countertops
  • Sprinkler System
  • Double Pane Windows
  • Family Room
  • Intercom
  • Island Kitchen
  • Smoke Free
  • Vinyl Flooring

Site Amenities

  • Clubhouse
  • Recycling
  • Roof Terrace
  • Lift

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 19 £2,130 610 - 650
2+2 27 £2,446 930 - 998

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WROX W:20 P:02962 S:010
Land Assessment
£2,885,294
Improvements Assessment
£8,099,637
Total Assessment
£10,984,931

zoning

Zoning Code MFR (Multi-Family Residential)
MFR (Multi-Family Residential)
  • Listing ID: 29726254

  • Date on Market: 06/10/2023

  • Last Updated:

  • Address: 4945 Washington St, West Roxbury, MA 02132

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