Investment Overview
282-284 Suffolk Street is a rare opportunity to acquire a fully leased, 11-unit multifamily asset that has not transferred in over a decade. A significant portion of the units are master-leased to the Center for Human Development (CHD), a well-established regional behavioral health organization recognized for delivering comprehensive, high-quality community-based services. The property features an additional revenue source in the form of a separate freestanding, income-producing garage building, along with on-site washer/dryer facilities serving the main residential building. Units have been thoughtfully renovated upon tenant turnover, contributing to a consistent and reliable rental performance over many years.
Investment Highlights
- Fully Leased 11 unit multifamily
- Many Units Mastered Leased to the Center for Community Development (CHD) Clients
- Well maintained building with separate income generating garage units