35-37 Delle Ave
Property Description
Introducing the 35-37 Delle portfolio, a collection of two side by side 4-unit brick properties (8 units total) that were fully gut renovated to the studs in 2025! The properties generate $24,275 of monthly income, which is a 6.1% cap rate based on real operating expenses! The buildings underwent an extensive full gut renovation in 2025, including all new framing/subfloors, all new electrical with 400 amp service into each building, new plumbing, new HVAC including forced air heating/cooling and ERVs, fire alarm and sprinkler systems, new water/sewer lines coming into the building and drainage cultec chambers in the yard, new windows and roof, insulation package (buildings meet updated HERs standards), and a nice high-end finish package including white shaker cabinets, quartz countertops, SS appliances, recessed lighting/upgraded light fixtures throughout, hardwood floors, and more! The units consist of efficient 1 and 2 bed units each equipped with one bathroom and WD. Nice large shared yard in the rear. Unit leases all run from 9/1/26 to 8/31/27. Incredible location in Mission Hill close to all universities including Northeastern, T stops, and the hospital systems making this an excellent investment!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,660,000 |
| No. of Units: | 8 |
| Year Built: | 1890 |
| Lot Size: | 4,124.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $457,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 8 |
ID: 3yd-MLSPIN-73589518
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Remax Real Estate Professionals
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Jared Ennis
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Rick Recckio
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Greg Corbin
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Lenders
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Essex Property Trust, Inc.
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout