196 Havre St
$3,975,000
10
Beds
9
Baths
4,750
Sqft
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$3,975,000
10
Beds
9
Baths
4,750
Living Area
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Property Description
VALUE ADD Portfolio builder for the savvy investor. Next to no money down!! This amazing spacious 5 family in A+ location. Brand new 5-unit 4-story condo/apartment building. Havre Street is mostly new apartment and condominium buildings; located next to the tunnel and airport and highly sought as both condominium and rental buildings. Investment Building is offered completed for $3,975,000 leaving equity for the new investor/owner. The current owner would provide a second $300,000 at 1% 10-year balloon mortgage, Get this cash cow for a short down payment. Great 1030 exchange or portfolio builder. value in East Boston up 7% in the last year, new owner winning big. Get this cash cow for a short down payment. Great 1030 exchange or portfolio builder. ** Note: property hitting individual unit sales Monday July 7 if some savvy group does not snap up this amazing opportunity.
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Highlights
- Area: East Boston
- Heating: Electric, Heat Pump
- Parking Spots: 5
- Property Type: 5+ Family - 5+ Units Side by Side
- Total Rooms: 23
- Status: Active
- Cooling: Heat Pump
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 2025
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Additional Details
- Appliances: Disposal, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Plumbed For Ice Maker
- Exclusions: This Is An As Is Where Is Price To Be Purchased With Roof And Windows Complete. No Appliances
- Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
- Foundation Area: 2250
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 5
- Year Built Source: Owner
- Construction: Frame, Cement Board
- Exterior Features: Balcony/Deck
- Foundation: Concrete Perimeter
- Interior Features: Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Open Floorplan, High Speed Internet, Walk-In Closet(s), Bathroom With Tub, Slider, Kitchen, Family Room, Dining Room, Living Room
- Road Frontage Type: Public
- SqFt Source: Owner
- Year Built Details: Actual
- Zoning: Rl - R
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School, T-Station, University
- Parking Features: Off Street, Deeded
- Covered Parking Spaces: 5
- Waterfront Features: Ocean, Beach Ownership(Public)
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Compensation Based On: Compensation Not Offered
- Tax Year: 2025
- Rental Fee Includes: Unit 4(Water)
- Total Rent: $22,200
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Listing information provided courtesy of The Greene Realty Group.
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