228 Calumet St

$2,850,000 | 14 BD | 7 BA | 5,502 SF

Turnkey Mission Hill luxury 3-family investment property, renovated down to the studs.

Turnkey Mission Hill 3-family, renovated down to the studs with 14 bedrooms and 7 full baths spanning four floors of living. Each luxury rental unit features an open kitchen/living room, upgraded kitchens with semi-custom cabinets, stainless appliances and quartz countertops. The bathrooms are adorned with glass doors, floating vanities, and tiled showers. Numerous upgrades include new energy efficient systems such as new HVAC systems, tankless hot water systems, in-unit laundry, a new roof, front porch, sprinkler system, new plumbing and electrical systems, and new windows. Hardwood floors throughout, complemented by tiled kitchens and baths. All units are leased until August 31, 2024, generating a monthly rental income of $17,500. This property has a proven track record as a successful investment, currently yielding a 5.6% cap rate with potential for further growth. Situated near the Longwood Medical Area, the Roxbury Crossing and Brigham Circle T stops, many area universities such as Northeastern and Wentworth, and numerous other amenities. There’s nothing more to do here than see your return on investment grow!

Turnkey Mission Hill 3-family, renovated down to the studs with 14 bedrooms and 7 full baths spanning four floors of living. Each luxury rental unit features an open kitchen/living room, upgraded kitchens with semi-custom cabinets, stainless appliances and quartz countertops. The bathrooms are adorned with glass doors, floating vanities, and tiled showers. Numerous upgrades include new energy efficient systems such as new HVAC systems, tankless hot water systems, in-unit laundry, a new roof, front porch, sprinkler system, new plumbing and electrical systems, and new windows. Hardwood floors throughout, complemented by tiled kitchens and baths. All units are leased until August 31, 2024, generating a monthly rental income of $17,500. This property has a proven track record as a successful investment, currently yielding a 5.6% cap rate with potential for further growth. Situated near the Longwood Medical Area, the Roxbury Crossing and Brigham Circle T stops, many area universities such as Northeastern and Wentworth, and numerous other amenities. There’s nothing more to do here than see your return on investment grow!
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14

14

Beds

7

7

Baths

5,502

5,502

Sqft.

main secondary

ProFormas

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Eric Johnson

Eric Johnson

About the Listing Agent

Eric embarked on his real estate journey in 2006 while pursuing his education at Tufts University in Boston, MA. What began as a means to support his skiing passion evolved into a thriving career. After five years in the industry, Eric achieved broker status and established his own real estate office in Boston, assembling a top-performing team of sales and rental agents. Recognized as one of the Top 100 Most Influential Brokers, Eric's teams have collectively facilitated over $1 billion in transactions throughout his career, consistently achieving an annual sales volume exceeding $100 million.

In 2020, Eric expanded his vision, founding another team in the picturesque landscapes of Jackson, Wyoming, and Teton Valley, Idaho. As a seasoned professional, Eric specializes not only in guiding clients through the purchase and sale of primary residences but also excels in multi-family and investment properties. His expertise extends to overseeing projects from design and permitting to completed construction, collaborating with various stakeholders, including architects, interior designers, stagers, and marketing companies.

Dedicated to delivering unparalleled service, Eric and his teams cater to clients ranging from first-time homebuyers to large developers. Their commitment is to make the home buying and selling experience seamless, enjoyable, and transparent. The team's collective goal is to guide clients through the entire process, ensuring they find the perfect property that aligns with their specific needs.

With a comprehensive understanding of local market conditions and robust personal connections within the real estate, mortgage, legal, and construction industries, Eric stands as a trusted advisor. His role extends beyond transactions to a commitment to being a reliable partner throughout the journey of buying, selling, or just owning a home, ensuring each client benefits from superior service and expert guidance.