$1,550,000
6
Beds
3
Baths
1,680
Living Area
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Property Description
Turnkey Two-Family in Prime South Boston | 6% Cap RateFully renovated and income-producing two-family located on a quiet, private street in South Boston with only a handful of homes. The property features a 5-bedroom, 2-bath duplex on the upper floors and a 1-bedroom, 1-bath unit on the first floor. Both units offer new kitchens, updated bathrooms, private rear decks, and efficient heating and A/C. Building-wide electrical systems have been updated, and the property has been well-maintained throughout. Currently generating $9,550/month, with rents increasing to $9,750/month in September, this property delivers a 6% cap rate in a highly desirable rental market.
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Highlights
- Area: South Boston
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Levels: 3
- Property Type: Multi Family
- Total Rooms: 9
- Status: Active
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Additional Details
- Basement: Unfinished
- Lot Features: Easements
- Total Number of Units: 2
- Year Built Source: Public Records
- Foundation: Other
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: res
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Amenities
- Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $782,300
- Taxes: $9,138
- Tax Year: 2025
- Total Rent: $10,000
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