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Sold for $975,088
  • $975,088

    225 London St, East Boston, MA 02128

    3beds
    2,454sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $397/sqft
    $2,825 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,825/mo

    Zestimate® history
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    What's special

    Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property’s overall value and appeal. Located just a 15-minute walk from the MBTA’s Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. SOLD "AS IS"!

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Franco 617-590-7440,

    Century 21 North East 781-286-8900

    Bought with:

    Diana Franco

    Century 21 North East

    Source: MLS PIN,MLS#: 73310600

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,454
    • Total interior livable area: 2,454 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 1,080 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 1332267
    • Zoning: RC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station
    Location
    • Region: East Boston

    HOA & financial

    Other financial information
    • Total actual rent: 8800

    Price history

    DateEventPrice
    12/3/2024Sold$975,088-2.5%$397/sqft
    Source: MLS PIN #73310600 Report a problem
    11/14/2024Contingent$999,900$407/sqft
    Source: MLS PIN #73310600 Report a problem
    11/7/2024Listed for sale$999,900+42.8%$407/sqft
    Source: MLS PIN #73310600 Report a problem
    11/16/2023Sold$700,000-9.7%$285/sqft
    Source: MLS PIN #73160766 Report a problem
    10/5/2023Contingent$775,000$316/sqft
    Source: MLS PIN #73160766 Report a problem
    9/19/2023Listed for sale$775,000-10.4%$316/sqft
    Source: MLS PIN #73160766 Report a problem
    9/7/2023Listing removed$865,000$352/sqft
    Source: MLS PIN #73120707 Report a problem
    6/28/2023Price change$865,000-6.7%$352/sqft
    Source: MLS PIN #73120707 Report a problem
    6/6/2023Listed for sale$927,000$378/sqft
    Source: MLS PIN #73120707 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $302,000 -5.3%
    2024-- $319,000 -3.1%
    2023-- $329,300 +2%
    2022-- $323,000 -0.7%
    2021-- $325,200 +7.6%
    2020-- $302,100 +2.4%
    2019-- $295,000 +7.9%
    2018$499 $273,500 +9.2%
    2017$499 $250,500 +14.4%
    2016-- $219,000 +12%
    2015-- $195,500 +42.7%
    2011-- $137,000 -1.4%
    2010-- $139,000 -4.8%
    2009-- $146,000
    2008-- $146,000 +1.4%
    2007-- $144,000

    Find assessor info on the county website

    Neighborhood: East Boston

    Nearby schools

    GreatSchools rating
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