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130 Myrtle Street
Boston, MA 02114
Asking Price
$6.85M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
<ul><li>No deferred maintenance</li><li>Fully leased through 2027</li><li>Rental increase due on half of the units (half renewed for less)</li><li>Retrofitted with AC</li><li>Landlord only pays hot water and water/sewer</li><li>A++ location</li><li>Rented to all mature working professionals for less headaches</li><li>Option to have management included in purchase (inquire for more)</li></ul>
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NOI
$80,000
Cap Rate
1.17%
DSCR
0.20
Underwater
Cash-on-Cash
-15.90%
Monthly Payment
$33,890.063
Annual Cash Flow
$-326,680.75
