$1,062,500
12
Beds
8
Baths
6,275
Living Area
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Property Description
Your new Expansion/Condo Project in Jeffries Point, a vibrant neighborhood filled with new developments and redevelopments. Project is APPROVED by the ZBA. The project is to take the existing 3-unit multi-family with 2 Bedrooms and 1 Bathroom in each unit, and redevelop it into a 4-Unit Multi-Family with 3 Bedrooms and 2 Bathrooms in each, PLUS: All aspects of the house (Bedrooms, Kitchen, Living/Dining Room, and Bathroom are all to be expanded from its current state). As measured by our Architects, by adding a fourth floor as well as expanding the property into the large backyard, the gross living area will go from the current 1,930 NET SF to a new total NET SF of 5,620 (or 2,305 current GROSS SF to 6,275 new GROSS SF). All units currently leased through 8/31/24 - allowing a Buyer to not bleed from vacancies while going through the permitting. $7K/month total from the 3 units. Video tours available upon request. SEE ATTACHED DOCS/PLANS. Reach out for more!
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Highlights
- Area: East Boston
- Property Type: 4 Family
- Year Built: 2022
- Property Class: Residential Income
- Total Rooms: 24
- Status: Closed
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Additional Details
- Basement: Interior Entry, Unfinished
- Foundation: Stone
- Roof: Shingle, Rubber
- Year Built Details: To Be Built
- Zoning: R3
- Flooring: Bamboo
- Lot Features: Level
- Total Number of Units: 4
- Year Built Source: Owner
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Amenities
- Community Features: Public Transportation
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $931,500
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2022
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $10,135
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Listing information provided courtesy of Keller Williams Realty Boston-Metro | Back Bay.
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