Sold!
$1,825,000
8
Beds
3
Baths
3,525
Living Area
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Property Description
Well located on High Street, this rarely available, solid, three-family building is just a few blocks from Monument Square and close to town center shops, restaurants and transportation. Investors, developers: this 3-unit dwelling is a prime investment or condo-conversion opportunity. Unit 1: this special 2BR/1BA unit features a private entrance, and spans 1000sf with a sun-drenched living/dining room. Units 2 and 3 each offer 1050sf, 3BR/1BA floor plates of bright living space with great entertaining flow. An unfinished basement with 1189sf offers potential for future development and features direct street access and five large windows. A large common roof deck with panoramic skyline/city views completes the building. All three units currently leased with a 5% cap rate at the current rent roll. Significant NOI upside, projected to exceed a 6.25% cap rate, through market-rate lease renewals. Two leases coming up.
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Highlights
- Area: Charlestown
- Heating: Forced Air, Natural Gas, Baseboard
- Property Class: Residential Income
- Stories: 4
- Year Built: 1880
- Has View: Yes
- Levels: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 17
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Dishwasher, Disposal, Refrigerator, Freezer
- Construction: Frame
- Foundation: Brick/Mortar
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Details: Actual
- Zoning: Res-Multi
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Flooring: Wood, Tile, Hardwood
- Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,521,100
- Tax Year: 2026
- Total Rent: $10,550
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks))
- Taxes: $19,037
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of RE/MAX Encore.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
