637 Harvard Street
Property Description
Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,399,999 |
| No. of Units: | 6 |
| Year Built: | 1914 |
| Lot Size: | 4,413.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $233,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 6 |
ID: 3yd-NNERENNH-5095199
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