Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated
16,389 Sq Ft
5,925 Sq Ft Lot Size
investment
$6,244 Monthly Tax
Built in 2022
MLS/Listing ID 73474378
4 Stories
14 Units
Balcony
Natural Wood
3/10 to 1/2 Mile To Beach
Public Sewer
Public Water
Community - House of Worship
Community - Laundromat
Community - Highway Access
Community - Bike Path
Insulated Windows
Bay Front
City View
Parking - Assigned
Parking - Leased
Lot - Gentle Sloping
Electric Dryer Hookup
Washer Hookup
Concrete Perimeter
Tile
Accessible Entrance
Community - Tennis Courts
Community - Shopping
Community - Public Transportation
Community - Park
Construction - Stone
Sprinkler Irrigation
Rubber
Varies per Unit
Insulated Doors
Construction - Conventional (2x4-2x6)
Construction - Cement Board
Community - Walk/Jog Trails
Community - T-Station
Community - Public School
Community - Medical Facility
TOTAL MONTHLY COST
$0
$0
$0