An ideal turn-key opportunity for
owner-occupants and investors alike.
EXCLUSIVE LISTING AGENTS | DAVID W. MURDOCK & JAKE EDDY
Rare-to-market, this income producing brick row-house for sale spans five living levels and boasts two-car parking. Conveniently located on picturesque Follen Street at the Back Bay/South End line, just minutes to Copley SQ, Prudential Mall, Southwest Corridor Park and Orange & Green line subways. Ideal turn-key opportunity for owner occupants & investors. Offering: central A/C and laundry in each apartment, private outdoor space at every level, separately metered electric & gas, upgraded electrical, plumbing, Navien HW boilers & new roof.
Projected rental income is approximately $15,500/month at current market rates.
Unit Breakdown
Sale price: $3,805,000
UNITS: 3
BEDS: 7 + DEN
BATHS: 6.5
AREA: 3,725 SF +/-
PARKING: 2
PROJECTED
RENTAL INCOME:
~ $15,500 / mo.
LOCATION
16 Follen Street
Boston, MA 02116
Unit 1
Conveys with a new one-year lease starting 07/01/19 at $6,000/mo. At approximately 1,500 SF on 2 living levels, it offers 2 bedrooms, 1 office/den, 3 full bathrooms, 1 private patio, 1 small balcony, A/C, laundry, and 1 car parking.
Unit 2
Conveys with an existing lease ending 08/31/19 at $3,000/mo. Projected rent on a new one year lease is $3,500/mo (+/-). At approximately 810 SF on one living level, it offers 2 bedrooms, 1 bathroom, 1 small balcony, A/C & laundry.
Unit 3
Will convey vacant. Projected rent on new one year lease is $6,000/mo (+/-). At approximately 1,350 SF on 2 living levels, it offers 3 bedrooms, 2.5 bathrooms, 1 small balcony, private roof deck, A/C, laundry & 1 car parking.
David W. Murdock
Jake Eddy
About David
David is a seasoned sales agent. With years of experience selling property in Boston, he prides himself on his communication skills, patience and overall 'A+' goal in customer satisfaction.
David dedicates his time each week advising buyers and sellers, drawing from his experience on both sides of the real estate transaction. He has a solid knowledge base of the Boston market and beyond, with a full range of prices and property types. David is also a successful investor, recently converting a three-family in Boston into condominiums. This experience has vastly helped him understand the role of a developer.
David grew up in Jamestown, a small island off Newport, RI, and hasn't lost his small town demeanor. A resident of Boston since 1993, he has lived and sold homes in nearly every of this city’s many neighborhoods. He, his wife Kathryn and their three children currently live on the South Shore in Scituate, MA. He earned a BFA in Creative Writing and an Advanced Certificate Degree in Screen Writing, both from Emerson College. Murdock also attended the Moses Brown School in Providence, RI.
About Jake
Jake is an energetic, market-savvy broker with an insatiable work ethic who always places his clients’ interests first. His gumption and attention to detail helped him become a Top Producer for seven consecutive years prior to joining Compass' elite team of real estate professionals.
A New England native, Jake grew up in the Green Mountains of Vermont and, after receiving multiple athletic and academic accolades in high school, he went on to play Division 1AA football and graduate from Bryant University on the Dean’s List with degrees in International Business and Spanish, as well as a concentration in Marketing.
After relocating to the Greater Boston area and spending time in a handful of neighborhoods, Jake invested in a multi-family property and currently resides in Medford. A lover of adventure and world travel, Jake has had the opportunity to travel to over 25 countries. In his spare time, he is a mentor in the Big Brother, Big Sister Foundation and enjoys staying active with Orange Theory, rock-climbing, snowboarding and yoga.