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listing
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MultifamilyFor Sale
$1,200,000
45 Thorndike St
Boston, MA 02118
Courtesy of Coldwell Banker Realty - Boston - Ricardo Rodriguez & Associates Group
MLS Property Information Network
8Beds
3Baths
2,628Sq Ft
Est. Mortgage
$6,294/mo

A three-unit multifamily home in Roxbury. This property must have all three units rented under the BPDA/BRA Inclusionary Development Policy (IDP). The units cannot be owner-occupied, and renters must be approved through a BPDA lottery conducted after the sale of the building. Unit 1 is a two-bedroom unit that can be rented at 80% AMI, with a current maximum rent of $2,033. Unit 2 is a three-bedroom unit eligible for rental at 60% AMI, with a current maximum rent of $1,678, and is currently rented at $1,600 per month. Unit 3 is a three-bedroom unit that can be rented at 80% AMI, with a current maximum rent of $2,280. The property is listed below market value, and rental restrictions are in effect until July 31, 2038.

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Information courtesy of Coldwell Banker Realty - Boston is subject to verification and is not guaranteed.
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