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69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
69 Park Drive Unit: 5
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$437,000

69 Park Drive Unit: 5

1 Bed 1 Bath 530 Sq.Ft.

Description

INVESTORS! Fantastic opportunity in the BOOMING West Fenway / Boylston Street Corridor! Centrally located on the Back Bay Fens, this ultra-desirable Park Drive address features a charming & spacious 1 bedroom condo unit with high ceilings, large entry foyer, a perfect home office space, generous living space & recently updated eat-in kitchen w/ new granite counters & gas cooking. The sunny living room features a large bay window & original antique knotted pine cabinetry. The value of this blue chip rental asset is anchored by a < 10 minute walk to a dozen universities & The Longwood Medical Area. 100% occupancy for decades w/ strong rental history. Priced to sell at the lowest $/SF in the market space by a wide margin. Current market rent into 2023 is $2,100 / month - this throws a 4.2% ROI day one! Owner has recently paid in full a special assessment for several key capital improvements, further solidifying this investment well into the future. Currently leased through 8/31/22.

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Location

69 Park Drive # 5, Boston, MA 02215

Status

Sold
Michael Grappo

Michael Grappo

TITLE

President, Broker/Owner

Property Amenities

Interior
Appliances Hot Water
Total Bedrooms: 1
Full Bathrooms: 1
Area & Lot
Living area 530 Sq.Ft.
MLS® ID 72940632
Year Built 1930
Type Condo
Status Sold
Exterior
Stories 1
Air conditioning None
Heat type Central
Water Source Public
Sewer Public Sewer
Finance
Sales Price $437,000
HOA Fees $367 monthly
Real Estate Tax $4,188 yearly

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