Sold!
$1,075,000
8
Beds
3
Baths
2,604
Living Area
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Property Description
Prime investment opportunity in East Boston! This portfolio includes two three-unit buildings, sold together or separate, each with separate utilities, ensuring ease of management. The property features ample parking with space for 8 cars, a rare find in the area, and is not located in a flood zone, providing peace of mind. All tenants are tenants at will, offering unparalleled flexibility for rent adjustments and renovations. Significant upside potential exists by aligning current below-market rents with fair market rates. Located in a rezoned area under Plan East Boston, the properties allow for increased density and future construction projects, presenting a valuable opportunity for future development. These buildings are conveniently situated just a short walk from both the Wood Island and Orient Heights Blue Line stations, offering quick access to downtown Boston. With strategic improvements, investors can force equity and significantly enhance property value.
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Highlights
- Area: East Boston
- Has View: Yes
- Property Class: Residential Income
- Total Rooms: 15
- Status: Closed
- Cooling: Window Unit(s)
- Parking Spots: 4
- Property Type: 3 Family
- Year Built: 1940
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer
- Construction: Stone
- Foundation: Slab
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Details: Actual
- Zoning: R3
- Basement: Full, Finished, Interior Entry
- Flooring: Tile, Laminate, Hardwood
- Interior Features: Bathroom With Tub, Living Room, Kitchen
- Roof: Rubber
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
- Waterfront Features: Beach Front, Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Assigned, Driveway
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $846,200
- Taxes: $9,224
- Tax Year: 2024
- Total Rent: $5,730
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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 Greater Boston Rental & Sales.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
