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Sold for $1,575,000
  • $1,575,000

    12 & 14 Dana Ave, Hyde Park, MA 02136

    5beds
    5,135sqft
    5-9 Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $307/sqft
    $4,171 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,171/mo

    Zestimate® history
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    What's special

    Commercial spaceHistoric theatreBus stop
    Rare Find! Superb, hard-to-find 8-unit Multi-Family investment in a coveted Hyde Park Location! This offering is comprised of (2) adjacent Buildings a (5) unit and a (3) unit building. The 5-unit property consists of (3) one-bedroom apartments and (2) studio apartments. The 3-unit property consists of (2) one-bedroom apartments and a commercial space (beauty salon). The current gross income is $152,700 with annual expenses of $42,111. The NOI is 11,589 with a fantastic cap rate of 6.5%. This top location is steps to the commuter rail, bus stop, Cleary Square's fine shops, historic theatre, and amazing restaurants! Minutes from highway access. The seller also has architect's plans in hand for potential redevelopment into 23 new construction rental units with 23 car parking (ask broker for complete plans). THIS IS AN IDEAL 1031 EXCHANGE OR A NICE LONG-TERM INVESTMENT FOR A BUY-AND-HOLD & FUTURE REDEVELOPMENT POTENTIAL! THIS IS A VERY STABLE, RISK-AVERSE INVESTMENT OPPORTUNITY!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael McGuire 617-839-8944,

    Insight Realty Group, Inc. 617-323-2300,

    Steven Musto 617-892-5888

    Bought with:

    Steven Musto

    Insight Realty Group, Inc.

    Source: MLS PIN,MLS#: 73135904

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 8
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 5,135
    • Total interior livable area: 5,135 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Off Street
    • Uncovered spaces: 15
    Lot
    • Size: 0.28 Acres
    • Features: Corner Lot
    Details
    • Zoning: NS-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Other
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, T-Station
    Location
    • Region: Hyde Park

    Financial & listing details

    • Price per square foot: $307/sqft
    • Tax assessed value: $1,398,500
    • Annual tax amount: $18,699
    • Date on market: 12/19/2025
    • Total actual rent: 12725

    Price history

    DateEventPrice
    9/20/2023Sold$1,575,000-7.4%$307/sqft
    Source: MLS PIN #73135904 Report a problem
    8/7/2023Contingent$1,700,000$331/sqft
    Source: MLS PIN #73135904 Report a problem
    7/13/2023Listed for sale$1,700,000$331/sqft
    Source: MLS PIN #73135904 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hyde Park

    Nearby schools

    GreatSchools rating
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