SOLD
197 Webster Place

Newton, MA

SOLD
69-73 Waverley Avenue

Watertown, MA

FOR SALE
31-39 Lenglen Road

Newton, MA

EXECUTIVE SUMMARY

Boston Realty Advisors is pleased to present the exceptional opportunity to acquire 31-39 Lenglen Road in the town of Newton, Massachusetts. This exceptional townhouse community consists of five (5) residences and features three and four bedroom units. 31-39 Lenglen Road offers investors the opportunity to own high quality real estate in a high-barrier to entry market.

 

With a strong employer base and the affluent towns that neighbor Newton, 31-39 Lenglen Road is situated in one of the most sought after areas in New England. Newton is known for its strong school system as well as incredible access to local submarket amenities. Additionally, located less than 12 miles west of Boston, the offering allows for an effortless commute to the city. Strategically situated directly adjacent to the Mass Pike (I-90), and walking distance to the MBTA Commuter Rail, Framingham Line, at Newtonville station, the offering showcases a truly supreme location. The 31-39 Lenglen Road is offered for sale on an un-priced basis. We will be conducting tours of the property with a “call-for-offers” to follow.

Investment Highlights

Irreplaceable Real Estate
Located in one of Massachusetts most desirable towns with easy access to public transportation and major thoroughfares as well as to a plethora of amenities, this townhouse community is highly valuable in burgeoning and high-barrier to entry submarkets.

Transit Oriented
The offering showcases a truly unmatched location; situated right next to the Mass Pike (I-90) and just a quick drive to Route 128 (I-95) and other major thoroughfares, it offers easy access to surrounding municipalities and Downtown Boston. In addition, the property is
steps away from the MBTA Commuter Rail at the
Newtonville station, Framingham Line.

Strong Market Dynamics
Newton is an extremely desirable location; not only for its accessibly to Boston and surrounding cities, but also for its proximity to a plethora of amenities. Furthermore a deep employment base and a strong school system produce incredible demand for housing in this market. .

Immediate Value Add Potential
Current low in-place rents offer upside potential. Light in-unit, common area and exterior renovations will allow new ownership to increase rents and maintain the strong tenant base. Optionality also presents value add potential for the property, as investors
can benefit from a variety of alternatives, including
a condo conversion.

Contacts

Jason s. Weissman

Founder & Senior Partner

617.850.9608

jweissman@bradvisors.com

Nicholas m. Herz

Managing Director & Partner

617.850.9624

nherz@bradvisors.com

Kevin R. benzinger

Associate Director

617.850.9647

kbenzinger@bradvisors.com

ANDREW B. HERALD

Associate Director

617.909.9619

aherald@bradvisors.com

Dominique Dubois

Analyst

617.909.7567

ddubois@bradvisors.com

Property Details

SOLD
197 Webster
SOLD
197 Webster
SOLD
69-73 Waverley
SOLD
69-73 Waverley

745 Boylston Street  |  Boston, MA 02116  |  (T) 617.375.7900  |  (F) 617.536.9566  |  BRAdvisors.com