Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston’s Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!
2,912 Sq Ft
2,534 Sq Ft Exterior Space
Investment
$16,953 Annual Tax
Built in 1899
MLS/Listing ID 73289670
14 Stories
5 Units
Construction - Brick
Construction - Stone
Varies per Unit
Rubber
Patio - Enclosed
Parking - On Street
Lot - Level
Lot - Gentle Sloping
Concrete Perimeter
Vinyl
Hardwood
Listing Courtesy of CARLTON'S WHARF & CO., JORGE RODRIGUEZ - 617-331-7473
Source of Data: MLS PROPERTY INFORMATION NETWORK