Sold!
$975,088
3
Beds
2/1
Baths
2,454
Living Area
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Property Description
Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property’s overall value and appeal. Located just a 15-minute walk from the MBTA’s Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. SOLD "AS IS"!
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Highlights
- Area: East Boston
- Property Class: Residential Income
- Total Rooms: 10
- Status: Closed
- Heating: Electric
- Property Type: Multi Family
- Year Built: 1935
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Additional Details
- Basement: Partially Finished
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Exclusions: Tenants Personal Belongings.
- Lot Features: Corner Lot
- Roof: Rubber
- Year Built Details: Actual
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station
- Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $319,000
- Taxes: $999,999
- Tax Year: 2024
- Total Rent: $8,800
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
