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
Community - Tennis Courts
Accessible Entrance
Concrete Perimeter
Tile
Natural Wood
Balcony
Sprinkler Irrigation
Construction - Stone
Community - Park
Community - Public Transportation
Community - Shopping
Construction - Cement Board
Community - Walk/Jog Trails
Community - T-Station
Community - Public School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Community - Bike Path
Insulated Windows
Bay Front
City View
Parking - Assigned
Parking - Leased
Construction - Conventional (2x4-2x6)
Insulated Doors
Varies per Unit
Rubber
3/10 to 1/2 Mile To Beach
Lot - Gentle Sloping
Electric Dryer Hookup
Washer Hookup
Public Water
Public Sewer
TOTAL MONTHLY COST
$0
$0
$0
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.