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An outstanding stabilized opportunity in the heart of Jeffries Point. Completely renovated with condo grade finishes this five family consists of two bi-level 1-bedroom units, two functional studios, and one spacious 2-bedroom. These designer pads feature upgraded kitchens with quartz countertops and stainless steel appliances, bright baths with marble tiling, generous rear decks, central heating/cooling, in-unit washer/dryers, recessed lighting and hardwood floors throughout. This turnkey 4.5% cap has all utilities separate and generates over $133,000 in rental income with room to grow. Located moments from Maverick MBTA stop, downtown Boston and the airport, this property gives an intelligent investor the option to either keep long term tenants or massively increase cashflow by renting short/mid term, as well as the choice to sell out as condos. A rare chance to capitalize on a profitable asset in one of Boston's highest appreciating neighborhoods.

MLS Listing ID: 73047119
Listing Price: $1,999,900
Listing Status: Active [?]
Neighborhood: East Boston's Jeffries Point
Property Type: Multi Family
Bedrooms: 6
Full Baths: 5
Living Space: 3272 sf.
Lot Size: 0.06 acres (2466 sf.)
Parking: -
Taxes: $12,680.00
Tax Year: 2023

Listing Current as of March 27, 2023 12:00am

This listing brought to you by Karina Mejia of EVO Real Estate Group, LLC.

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