$9,850,000

South Boston, Ma

  • 30 Beds
  • 30 Baths
  • 16,389 Sqft
  • 5,925 Sqft lot
  • Updated: Yesterday
  • 5

About the Property

Offered without pricing - interested buyers can request guidance. Motivated seller. Offering turnkey investment value in this modern, elevator-served multifamily building delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approximately 6% cap rate. Features a condo-conversion flip exit strategy. The 14-unit property includes a highly desirable mix dominated by spacious 2BR/2B
Offered without pricing - interested buyers can request guidance. Motivated seller. Offering turnkey investment value in this modern, elevator-served multifamily building delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approximately 6% cap rate. Features a condo-conversion flip exit strategy. The 14-unit property includes a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts with in-unit W/D, central A/C, individual HVAC, and high-quality finishes including 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 the Red Line, I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income with upside to market rents in one of Boston’s most supply-constrained, high-demand submarkets. Buyer’s agents compensated details on request.
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  • Property type

    Other

  • Floors

    4

  • Year built

    2022

  • Price/sqft

    $601

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Douglas Elliman - Boston

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Douglas Elliman - Boston
Massachusetts, United States
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22
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2020
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Douglas Elliman - Boston
Boston, Massachusetts, United States
View agency profile
Last updated
Yesterday
First listed
June 3
Listing reference
73474378
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