$1,625,000
6
Beds
2
Baths
1,952
Living Area
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Property Description
****TURNKEY investment property**** Comprised of two (2) 3-Bedroom/1-Bathroom units and two (2) parking spaces. Ideally located a block from the intersection of East and West Broadway, this Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. The subject property is ideal for a savvy investor looking for income growth, strong investment returns, or stable cash flow in a market with historically high rental demand. In place rents are below market rates and offer upside potential by achieving market rents upon lease renewal. Excellent location with convenient access to transportation networks connecting to the other neighborhoods of Boston. Apartments currently rented at $4600 each on lease to 8/31/25. 2 parking spaces rented for $350 each on lease to 8/31/25. Total Gross Monthly rent roll is $9900 per month.
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Highlights
- Area: South Boston
- Parking Spots: 2
- Property Type: Multi Family
- Total Rooms: 10
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1890
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Additional Details
- Basement: Full
- Lot Features: Other
- 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
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $999
- Compensation Based On: Net Sale Price
- Taxes: $11,681
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $9,900
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