29 Ridgewood St

Attention investors! Rare opportunity to own this CASH COW ! 13 Bedrooms. 7% CAP rate with a lot of upward potential. Large and very well maintained deleaded 3 family. Currently is rented well under market. Current BHA Pay standard is $11,175/month. Leases expire August 31. Four bedrooms on 1st and 3rd floors. 5 Bdr on the second floor. Tenants pay all utilities. Perfect for 1031 exchange, long term rental income, owner occupant or condo conversion. All units are sunny, bright, have front and back porches and recently renovated with granite kitchens, tiled bathrooms etc. The TPO roof is 5 yo. Two oil tanks changed within last 2 years, the third is about 8yo. New water tanks. Some appliances are brand new. Large 2 car garage and parking in the back. Additional income from parking is $120/month. About 1/2 mile to Red Line. Many bus routes, easy access to highways, South Bay Center, and all area amenities. Short commute to UMASS and Downtown