$2,199,000
Active1187-1195 Blue Hill Ave
Boston, MA, 02126
Commercial · MLS #73582985
Days on market
7 days
Lot size
0.16 ac
0.16 acres
Lot
About this home
Excellent opportunity to acquire a fully leased, income-producing retail property along Blue Hill Avenue in Mattapan. This approximately 7,000 SF, two-story commercial building is 100% occupied by multiple tenants and generates approximately $205,572 in annual NNN income, or $17,131 per month. Offered at $2,199,000, the property delivers an attractive approximately 9.35% capitalization rate, providing a new owner with immediate cash flow and an established income stream from day one.Located along one of Mattapans primary commercial corridors, this stabilized investment offers a compelling combination of full occupancy, multiple income streams, NNN tenancy, and strong in-place yield. The property is well suited for investors seeking a passive-income commercial asset with Boston real estate exposure and the benefit of established tenancy in a well-known neighborhood.
Property details
- Parking
- 1-10 Spaces
Listed by Charne Dixon · Venture Point Commercial Advisors LLC
Schedule a showing
1187-1195 Blue Hill Ave
Estimated payment
$15,152 / month
Loan term
- Principal & interest
- $12,037
- Property tax
- $2,199
- Home insurance
- $916
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
Compare
Similar homes in Boston
Recently sold