Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated
133 days
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399
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33
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Zillow last checked:
Listing updated:
Listed by:
Easter Entwistle Advisors617-875-8887,
Douglas Elliman Real Estate - Easter Entwistle Advisors617-812-1821
Source: MLS PIN,MLS#: 73474378
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 30
Bathrooms: 30
Full bathrooms: 29
1/2 bathrooms: 1
Appliances
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Flooring: Wood, Tile
Doors: Insulated Doors
Windows: Insulated Windows
Has basement: No
Has fireplace: No
Interior area
Total structure area: 16,389
Total interior livable area: 16,389 sqft
Finished area above ground: 16,389
Finished area below ground: 0
Property
Parking
Total spaces: 30
Parking features: Leased, Assigned
Garage spaces: 15
Uncovered spaces: 15
Accessibility
Accessibility features: Accessible Entrance
Features
Exterior features: Balcony, Sprinkler System, Varies per Unit
Has view: Yes
View description: City View(s), Water, Bay
Has water view: Yes
Water view: Bay,Water
Waterfront features: Bay, 3/10 to 1/2 Mile To Beach
Lot
Size: 5,925 Square Feet
Features: Gentle Sloping
Details
Zoning: A
Construction
Type & style
Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down
Materials
Stone, Conventional (2x4-2x6), Cement Board
Foundation: Concrete Perimeter
Roof: Rubber
Condition
Year built: 2022
Utilities & green energy
Electric: 220 Volts, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station