$2,000,000
11
Beds
5
Baths
2,912
Living Area
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Property Description
Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston’s Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!
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Highlights
- Area: East Boston's Eagle Hill
- Property Class: Residential Income
- Stories: 4
- Year Built: 1899
- Levels: 4
- Property Type: 4 Family
- Total Rooms: 19
- Status: Closed
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Additional Details
- Basement: Full, Interior Entry, Concrete
- Exterior Features: Varies per Unit
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Construction: Frame, Brick, Stone
- Flooring: Tile, Vinyl, Varies, Hardwood
- Lot Features: Corner Lot, Gentle Sloping, Level
- Roof: Rubber
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
- Parking Features: On Street
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Utilities
- Electric: Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Tax Year: 2024
- Total Rent: $15,250
- Taxes: $16,953
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Listing information provided courtesy of Carlton's Wharf & Co..
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