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790 Hyde Park Ave Unit 4, Hyde Park, MA 02136

1 Bed, 1 Bath Condo For Sale

790 Hyde Park Ave Unit 4, Hyde Park, MA 02136 Condo For Sale - MLS #72394176
Off the Market
$169,000
1
1
Condo
Garden

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Property Description for 790 Hyde Park Ave Unit 4, Hyde Park, MA 02136

THIS CONDO UNIT IS THE RAREST OF RARE IN THAT IT WILL WORK FOR BOTH THE OWNER OCCUPANT LOOKING TO STOP PAYING RENT AND TO START BUILDING EQUITY AS WELL AS FOR THE NEW INVESTOR WHO WANTS TO START MAKING MONEY IN REAL ESTATE WITHOUT TO MUCH RISK. THIS 1 BEDROOM UNIT IS ONE OF THE LOWEST PRICED, NON INCOME RESTRICTED & NON DISTRESSED, UNITS AVAILABLE IN ALL OF BOSTON. FOR APPROX. $1,117 PER MONTH YOU CAN LIVE IN THIS UNIT AND BUILD EQUITY WITH ONLY INSURANCE AND YOUR ELECTRIC BILL LEFT TO PAY AND THIS DOES NOT EVEN FACTOR IN THE RESIDENTIAL TAX EXEMPTION (Based on an asking price offer with 3.5% down at a 4.5% interest rate + the $222 a month HOA and the $64 a month the annual tax bill averages out to)! HOWEVER, IF YOU ARE AN INVESTOR THIS UNIT CAN BE DELIVERED RENTED WITH A TENANT WHO PAYS $1430 A MONTH AND WITH 25% DOWN AFTER EXPENSES YOU WILL BE LEFT WITH A CASH ON CASH RETURN OF OVER 12% ON YOUR DOWN PAYMENT AND A CAP RATE JUST UNDER 7.5%. THIS IS TRULY A RARE OPPORTUNITY!!!

Interior Details

492 sq. ft.
$343.50/sq. ft.

Exterior Details

Other Details

72394176
1965

Room Levels, Dimensions and Features

Living Room
1
Dining Room
1
Kitchen
1
Laundry Room
1
Master Bedroom
1
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Monthly Mortgage Payments

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MBTA> Stations Stops

Roslindale Village
1.11 miles
Hyde Park
1.27 miles
Fairmount
1.34 miles
Mattapan Station
1.46 miles
Bellevue
1.67 miles

Town Description

As Boston's southernmost neighborhood, Hyde Park offers the intangibles of city life as well as the open space more commonly associated with the suburbs. The historic Neponset River runs through this...

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