33-39 Ward St
$9,999,000
30
Beds
29/1
Baths
16,389
Sqft
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$9,999,000
30
Beds
29/1
Baths
16,389
Living Area
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Property Description
Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated
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Highlights
- Area: South Boston
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 2022
- Has View: Yes
- Parking Spots: 30
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 99
- Status: Active
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Additional Details
- Construction: Stone, Conventional (2x4-2x6), Cement Board
- Flooring: Wood, Tile
- Lot Features: Gentle Sloping
- Roof: Rubber
- Total Number of Units: 14
- Year Built Details: Actual
- Zoning: A
- Exterior Features: Balcony, Sprinkler System, Varies per Unit
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Builder
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
- Parking Features: Leased, Assigned
- Covered Parking Spaces: 15
- Waterfront Features: Bay, 3/10 to 1/2 Mile To Beach
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Utilities
- Electric: 220 Volts, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $999,999,999
- Taxes: $74,929
- Tax Year: 2025
- Total Rent: $10,825
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Listing information provided courtesy of Douglas Elliman Real Estate - Easter Entwistle Advisors.
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