$22,000,000
99
Beds
99
Baths
41,628
Living Area
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Property Description
Presenting The Melnea, a newly constructed 50-unit apartment community with ±4,000 square feet of commercial space located between Boston’s Medical Center and the Longwood Medical Area. The Melnea offers unmatched community amenities and apartment finishes including skyline views, a roof deck, and on-site parking. Apartments boast modern features and finishes including quartz countertops, stainless steel appliances, tile backsplashes, and in-unit washers and dryers. The Melnea’s strategic location between Boston’s South End and Lower Roxbury neighborhoods provides excellent access to Northeastern University, Boston Medical Center, Longwood Medical Center, the MBTA Orange, Commuter and Silver Lines, and a variety of restaurants, shopping and fitness amenities. The property presents investors with the rare opportunity to acquire a newly constructed, Class A building in a high barrier to entry residential market.
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Highlights
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 2019
- Parking Spots: 25
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 99
- Status: Active
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Additional Details
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Rubber
- Total Number of Units: 50
- Year Built Source: Public Records
- Exterior Features: Other
- Lot Features: Other
- SqFt Source: Owner
- Year Built Details: Actual
- Zoning: 99
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Amenities
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $99
- Taxes: $99
- Tax Year: 2099
- Total Rent: $29,997
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