Off Market Opportunity: Value Add Multifamily Gut Renovation Project

Perfect for seasoned investors or contractors looking for a serious value add project, this new listing located in Roxbury’s Fort Hill presents a very interesting opportunity for those willing to take on some risk, with potential huge reward.  Currently this property is configured as a two family home with 7 bedrooms, however we have crunched our numbers and come up with two different strategies to renovate this home into a cash flow monster.  We have done our homework and it looks like there is a chance you can change the use of this home from a 2 family to a 3+ family and as you know with increased units, comes increased cash flow.  That said, if you don’t have it in you to go to bat with a change of zoning, it can still be a great cash flow positive investment as a renovated two family.  Interested in learning more about Fort Hill rents and projections or learning more about the potential this property has to offer? Give us a call to find out more.

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