CCertihomes
1851 Commonwealth Ave, Boston, MA 02135

$2,375,000

12 beds 7 baths 4,957 sqft Built 191013 days on marketActive

About this home

Gourgeous mulifamily in Prime Location right on Commionwealth ave in Brighton!!!Rare Opportunity for a developer and savvy investor! Mixed Use Property -- just approved by ZBA to convert to 6 residential units.Currently, Property is 3 Residential: 1) 4bd/2bath + 2) 3bd/1ba - No Changes needed, each have separate entrances, 3) 1bd/1ba.ZBA approval to convert 7 existing offices + 1bd to additional 4 Units. ZBA approved for 4 parkings spots. There is also a self-standing garage. Room for additional parking (currently, 10 cars fit).Approved Plans ?attached.Recent Capital Improvements: New ?Designer Siding done in 2023 (vinyl shingles).Property has been well maintained by non-corporate owner.Ideal location. Close to Boston University, Boston College, steps to Cleveland Circle and St. Elizabeth Hospital, 5 min to MassPike.Incredible opportunity to own a Multi-Family house with substantial post-construction income upside.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$14,983/mo

Real estate (PITI + HOA + PMI)
$15,272
Principal + interest$10,772
Property tax + insurance$3,609
PMI / 2nd mortgage$891
Utilities
$747
Heating + cooling$212
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$125
Car insurance + maintenance$125
Other (entertainment)
$157
$14,983/mo TLC
Budget$15,483/mo
Remaining after TLC$500/mo
Purchase price
$2,375,000
Down payment
$118,750 (5%)
Loan amount
$2,256,250
APR
4%

Quick facts

Type
5-9 Family
Style
Year built
1910
Lot size
0.13 ac
Stories
7
Heating
Cooling
Water
Public
HOA
Annual tax
$15,428
MLS #
73234428
County
Suffolk

At a glance

Basement
Garage (2)

Home features

Community
Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipPublic SchoolT-Station
Parking
Paved DriveOff StreetPaved
Flooring
Wood
Sewer
Public Sewer

Neighborhood — 02135

MetricThis ZIPCountyUSA
Population37,1466,444,931299,088,112
Population Change Since1990-8.00%7.00%20.00%
Population Density12,935786
Male17,7363,127,134147,432,321
Female19,4103,317,797151,655,844
Never Married19,2481,612,88563,775,926
Married8,6702,586,314123,120,365
Separated1,595247,85712,639,686
Widowed1,926363,59415,467,586
Divorced1,744436,88823,075,029
Number Of House Hold17,1472,431,591111,826,380
Average House Hold Size2.122.562.60
Medial Age31.0837.2535.46
Median House Hold Income$50,141$57,698$48,276
Average House Hold Income$57,644$75,023$63,629
P C I$27,178$29,196$24,529
M D I$42,428$48,105$41,133
A T H E$47,997$57,083$50,898
S T R5.00%5.00%
W C J81.44%81.38%77.74%
(Zip) Code
2135

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/8/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.