820-824 Huntington Ave Immeuble residentiel 6 lots 2 821 508 € (470 251 €/Lot) Taux de capitalisation 5,67 % Boston, MA 02115

KM Real Estate Group is pleased to present 820–824 Huntington Avenue, a rare opportunity to acquire a fully stabilized, corner mixed-use asset in one of Boston’s most powerful economic corridors. This 6-unit property features two ground-floor retail tenants and four residential apartments, offering secure, in-place cash flow and strategic upside in a submarket defined by world-class medical, academic, and life science anchors.
Location & Demographic Highlights:
• A+ Transit-Oriented Location: Situated directly on Huntington Avenue (Route 9) at the corner of Shepherd Street, with an MBTA Green Line stop at the front door.
• Epicenter of Innovation: Located on the doorstep of the Longwood Medical and Academic Area (LMA), home to Harvard Medical School, Brigham & Women's Hospital, Boston Children's, and Dana-Farber Cancer Institute.
• Immense Daytime Population: The immediate area (02115) boasts a staggering daytime population density of over 115,000 people per square mile, providing constant foot traffic for retail tenants.
• Proven Renter Demand: The area is dominated by Boston's top employment sectors—Education, Health Care, and Professional/Scientific—and a highly educated population (66% with Bachelor's degrees or higher), ensuring a deep and perpetual tenant pool.
Investment Highlights & Secure Income Stream:
• 100% Occupancy: Diversified income stream from two retail and four residential units.
• De-Risked Commercial Income: Bolstered by two long-term retail leases with scheduled, contractual rent increases, providing a clear path for revenue growth.
• Anchor Tenant Stability: Huntington Market recently extended its lease through January 2031. This lease features a tax-stop clause, protecting ownership from increases in real estate taxes over the base year.
• New Long-Term Lease: Atlas Barbershop has executed a new 5+ year lease commencing in November 2025, ensuring income continuity.
• Residential Revenue: All residential units are fully leased through the 2025–2026 rental season.
Property Summary:
• Building Size: Approx. 4,740 SF (GBA)
• Unit Mix: 2 ground-floor retail units (approx. 600 SF each), 4 residential units (2 x 3-Bed/1-Bath, 2 x 2-Bed/1-Bath).
• Lot Size: 1,794 SF corner parcel with excellent visibility and frontage.
• Zoning: NS – Neighborhood Shopping District. Lodging house use is allowed by conditional permit, offering a potential alternative use strategy.
Financial Overview:
• Asking Price: $3,295,000
• In-Place Net Operating Income (NOI): $186,694
• In-Place Capitalization Rate: 5.67% (Full financials and lease abstracts available upon execution of NDA).
Clear Path to Value Creation:
This is a legacy-quality asset that blends security with upside. An investor can benefit from the durable, long-term cash flow from day one, while also planning for future growth through:
1. Mark-to-Market Opportunity: Capturing significant upside on the second retail unit upon its lease expiration by adjusting its rent to match the market-rate lease of the adjacent barbershop.
2. Strategic Renovations: Targeting cosmetic upgrades to the residential units to attract high-income LMA professionals and command premium rents.
3. Untapped Potential: Exploring the addition of a premium roof deck (full staircase and headhouse access already in place) to dramatically increase rental value and tenant appeal, subject to city approvals.
820-824 Huntington Avenue presents a compelling opportunity to acquire a proven cash-flowing asset with contractual growth and tangible upside in an irreplaceable Boston location. Contact KM Real Estate Group for a full Offering Memorandum and to schedule a tour.