15-17 278 Emmett, Beacon And Point
$1,600,000
15
Beds
6
Baths
3,008
Sqft
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$1,600,000
15
Beds
6
Baths
3,008
Living Area
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Property Description
Opportunity to acquire a multi-parcel assemblage offering strong in-place income with substantial development upside. Individually stable and collectively powerful, this portfolio presents both immediate cash flow and long-term density potential.Highlights:278 Point Street: 3-family, fully rented, ~$5,600/month income; right to add 3 additional units by right (no variances) 3,088 SFLand 7,522 SF15–17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right3,007.5 SFLand 4,190 SFBeacon Street: Development potential for 1–2 additional unitsStrong existing cash flow while pursuing expansionAssemblage potential to support a redevelopment exceeding 28+ residential units (subject to planning & zoning review)Ideal for investors or developers seeking stabilized income with significant future build-out opportunity.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1904
- Parking Spots: 12
- Property Type: 3 Family
- Total Rooms: 19
- Status: Active
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Additional Details
- Foundation: Other
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: -
- Lot Features: Corner Lot
- Total Number of Units: 6
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $504,700
- Taxes: $7,066
- Tax Year: 2025
- Total Rent: $10,000
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