MLS Number 71989164
- Commercial 5+ Residential
Rare opportunity to purchase a package of 15 fully leased 2 bed/2 bath condos in recently built professionally managed condo buildings. This package consists of 11 units at Mill Creek Condominiums located at 175 Cottage Street in Chelsea, MA, built in 2005, and 4 units at Millbrook Condominiums located at 1 Millbrook Lane in Wakefield, MA, built in 2002. All units feature kitchens with granite counters and many with stainless steel appliances. All units have off street and/or covered parking, laundry in unit, private storage and central air conditioning. Many units have hardwood floors. Mill Creek Condominiums features an outdoor pool, fitness center and club room. The majority of the units are currently rented under market and rents could be increased by the new owner to maximize income. Perfect investment opportunity and/or 1031 exchange. Just sit back and collect rent.
Listed by Anthony Bruno of Gibson Sotheby's International Realty
Listing Sold by Carpenito Real Estate Inc.