$10,750,000
52
Beds
42
Baths
27,840
Living Area
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Property Description
42 high-end waterfront residences in a prime location with strong rental history and unbeatable potential. This impressive property features a mix of 16 studios, 13 one-bedroom units, and 13 two-bedroom units—with room to expand, including potential for a clubhouse or an additional 3-bedroom cottage. Each unit is thoughtfully designed with modern finishes including bamboo flooring, granite countertops, stainless steel appliances, and sliding doors that open to private balconies with stunning water views. Conveniently located just minutes from Boston, the GE plant, and the Encore Boston Harbor Casino, this quiet enclave is also just steps from Little River and a short drive to Nahant Beach—making it an ideal spot for today’s renters. The property is energy-efficient as well, with solar panels powering the building’s common areas, including the halls, elevator, parking lot, and exterior lighting. Ample off-street parking adds to the convenience.
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Highlights
- Has View: Yes
- Parking Spots: 84
- Property Type: 5-9 Family
- Total Rooms: 81
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 2015
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Additional Details
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- Total Number of Units: 42
- Year Built Details: Actual
- Zoning: R4
- Flooring: Bamboo
- Lot Features: Level
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat
- Waerfront: Yes
- Parking Features: Paved Drive, Off Street
- Waterfront Features: Waterfront, River, Ocean, 1 to 2 Mile To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,385,200
- Taxes: $136,599
- Tax Year: 2025
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Listing information provided courtesy of eXp Realty.
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