$9,999,000

South Boston, Ma

  • 30 Beds
  • 30 Baths
  • 16,389 Sqft
  • 5,925 Sqft lot
  • Updated: June 18
  • 10
    Views for last 30 days
  • 4

About the Property

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 oversize
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. Bostons most supply-constrained, high-demand submarkets. Buyer’s agents compensated
  • Property type

    Other

  • Floors

    4

  • Year built

    2022

  • Price/sqft

    $610

Features

Features

Lot

Indoor

  • Air Conditioning
  • Washer Dryer
  • Elevator
  • Stone Countertops

Outdoor

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Boston, Massachusetts, United States View on Google Maps
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Douglas Elliman - Boston

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Douglas Elliman - Boston
Massachusetts, United States
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34
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2020
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Douglas Elliman - Boston
Boston, Massachusetts, United States
View agency profile
Last updated
June 18
First listed
Jun 3
Listing reference
73474378
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