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$1,150,000
Est. payment /mo
5 Beds
3 Baths
2,817 SqFt
UPDATED:
10/25/2024 07:05 AM
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,817 sqft
Price per Sqft $408
MLS Listing ID 73299591
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $11,022
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Property Description
***INVESTMENT OPPORTUNITY*** Well maintained Jeffries Point Three unit investment comprised of (1), 1-bedroom/1-bathroom unit, and (2) 2-bedroom/1-bathroom units. Prominently positioned in the vibrant Jeffries Point neighborhood of East Boston. This Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. Fully leased with laundry room in the basement, and below market rents. Opportunity to dramatically increase the cash flow by achieving market rents through cosmetic renovations, expansion of living space into the basement, potential roof deck addition and strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, and domestic water and sewer. Closing to take place in January 2025.
Location
State MA
County Suffolk
Area East Boston'S Jeffries Point
Zoning R3
Direction Use GPS
Exterior
Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
Waterfront false
Garage No
Building
Lot Description Other
Story 6
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Core Property Group, LLC