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Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. 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 programmatic updates to the unrenovated units.

MLS Listing ID: 73187665
Listing Price: $1,925,000
Listing Status: Active [?]
Neighborhood: South Boston
Property Type: Multi Family
Bedrooms: 6
Full Baths: 3
Living Space: 3078 sf.
Lot Size: 0.02 acres (1045 sf.)
Parking: -
Taxes: $7,517.00
Tax Year: 2023

Listing Current as of February 21, 2024 12:00pm

This listing brought to you by Dennis Kelleher of Horvath & Tremblay.

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