32 bedroom house for sale

Overview

6 Cleveland Pl consists of a five-story, brick building with seventeen units comprised of four 3-Bedroom/1-Bathroom units, seven 2-Bedroom/1-Bathroom units and six 1-Bedroom/1-Bathroom units. 6 Cleveland Place is fully occupied and has an on site coin-operated laundry facility. The Property is separately metered for electricity, electric heat, and hot water which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. Centrally located in the heart of the North End and 0.4 miles to Bostons North Station, the subject property is ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are below market rates and offer upside by achieving market rents upon lease renewal and through programmatic upgrades to the unrenovated units.