About 35-37 Delle Ave
Introducing the 35-37 Delle portfolio, a collection of two side by side 4-unit brick properties (8 units total) that were fully gut renovated to the studs in 2025! The properties generate $24,275 of monthly income, which is a 6.1% cap rate based on real operating expenses! The buildings underwent an extensive full gut renovation in 2025, including all new framing/subfloors, all new electrical with 400 amp service into each building, new plumbing, new HVAC including forced air heating/cooling and ERVs, fire alarm and sprinkler systems, new water/sewer lines coming into the building and drainage cultec chambers in the yard, new windows and roof, insulation package (buildings meet updated HERs standards), and a nice high-end finish package including white shaker cabinets, quartz countertops, SS appliances, recessed lighting/upgraded light fixtures throughout, hardwood floors, and more! The units consist of efficient 1 and 2 bed units each equipped with one bathroom and WD. Nice large shared yard in the rear. Unit leases all run from 9/1/26 to 8/31/27. Incredible location in Mission Hill close to all universities including Northeastern, T stops, and the hospital systems making this an excellent investment!
