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33-39 Ward St

South Boston, Boston, MA 02171
$9,999,000
16,389 Living Area
  • 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
  • Highlights
    • Area: South Boston
    • Year Built: 2021
    • Property Class: Commercial Sale
    • Status: Active
  • Additional Details
    • Roof: Rubber
    • Zoning Description: Legal Conforming
    • Zoning: A
  • Fees / Taxes
    • Tax Year: 2025
    • Taxes: $74,929

Location

33-39 Ward St, Boston, MA 02171

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