1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.
| MLS Listing ID: | 73404175 |
|---|---|
| Listing Price: | $6,200,000 |
| Listing Status: | Active [?] |
| Neighborhood: | South Boston |
| Property Type: | Multi Family |
| Bedrooms: | 20 |
| Full Baths: | 12 |
| Living Space: | 11070 sf. |
| Lot Size: | 0.14 acres (6490 sf.) |
| Parking: | Yes |
| Taxes: | $49,321.00 |
Listing Current as of August 18, 2025 2:00pm
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