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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.
Listed by Michael J. Grappo of M. J. Grappo Realty Associates

Listing Sold by M. J. Grappo Realty Associates

Property Details of 69 Park Drive, Unit 5, The Fenway

Property Details

Interior Features

Utilities and Appliances

Map Location

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