722 E 6th Street
$2,600,000
8
Beds
6
Baths
3,680
Sqft
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$2,600,000
8
Beds
6
Baths
3,680
Living Area
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Property Description
722 E 6th Street consists of a three-story brick building containing six residential units with four (4), 1-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1-Bathroom units.The Property enjoys strong historical occupancy and has undergone renovations to some of the units. The updated units feature condo quality finishes including updated kitchens with quartz counter tops and newer stainless-steel appliances with dishwashers, hardwood floors, tile kitchens and bathrooms. Some of the units have not been renovated and have older cabinets and Formica countertops. The desirable brick building has separately metered utilities and an in-building coin-operated laundry facility in the basement. 722 E 6th Street offers the opportunity to acquire a fully leased investment in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.
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Highlights
- Area: South Boston
- Property Class: Residential Income
- Stories: 3
- Year Built: 1899
- Levels: 3
- Property Type: 5-9 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station, University
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,334,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $27,268
- Buyer Agent Compensation: 2%
- Tax Year: 25
- Total Rent: $15,900
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Listing information provided courtesy of Horvath & Tremblay.
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