Sold for $3,200,000 on May 24, 2018
59 Addington Rd. represents an unparalleled investment opportunity for a core investor. Located on a quiet tree lined side street in Washington Square, the 3-story apartment building consists of approximately 6, 118 sqft of living space and is 100% leased with an average lease term of 12 months. All of the leases are due to expire at varying times during the summer of 2018. The offering is a rare opportunity to purchase a 6 unit brick apartment building in the highly sought after location of Washington Square with bonus SIX off street parking. The location offers easy access to public transportation as well as many parks, shops and trendy restaurants along Beacon Street. The building is comprised of one 3 bedroom 1.5 bath apartment, two 2 bedroom one bath apartments and three 1 bedroom one bath apartments. Three of the six apartments have been tested for lead paint and are considered to be lead free. The rubber roof was replaced in 1998 and the oil fed boiler was replaced in 2011.
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