About 1187-1195 Blue Hill Ave
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 Mattapan’s 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.
Features of 1187-1195 Blue Hill Ave
| MLS® # | 73582985 |
|---|---|
| Price | $2,199,000 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1187-1195 Blue Hill Ave |
|---|---|
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02126 |
Amenities
| Utilities | Public Water |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | commercial |
|---|
Listing Details
| Agent | Charne Dixon |
|---|---|
| Office | Venture Point Commercial Advisors LLC |