$9,850,000
16,389
Living Area
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Property Description
Offered without pricing - interested buyers can request guidance. Motivated seller. Offering turnkey investment value in this modern, elevator-served multifamily building delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approximately 6% cap rate. Features a condo-conversion flip exit strategy. The 14-unit property includes a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts with in-unit W/D, central A/C, individual HVAC, and high-quality finishes including 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 the Red Line, I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income with upside to market rents in one of Boston's most supply-constrained, high-demand submarkets. Buyer's agents compensated details on request.
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Highlights
- Area: South Boston
- Year Built: 2022
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Rubber
- Zoning Description: Legal Conforming
- Zoning: A
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Fees / Taxes
- Tax Year: 2025
- Taxes: $74,929
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