Listing # 72138323

Description

INVESTOR ALERT….A rare find in a hot location. This LEGAL 12 studio unit building has had continue upkeep throughout the years. With new furnace and hot water tanks installed in February, this property is fully compliant with all Boston Housing and Massachusetts Building Code. Camera Security exterior. Roof 8 years old. Each Unit has a private bath along with a kitchen and sleeping space. Fully occupied the current rents are below market rate. A smart investor, providing modern upgrade is easily capable to realize a reasonable increase in rents to create a most reasonable return on this investment. Located in the very heart of South Boston on East Broadway steps to the shops, restaurants, taverns, bus stops. Very short distance to the beaches & parks… Walk Score of 92. Close to the booming Seaport and Fort Point neighborhoods of South Boston. Showings will need to be scheduled in advance and only for those very qualified investors. Email list agent for additional details

Property Details
For Sale

$3,500,000

  • County: Suffolk
  • MLS Area: South Boston
  • Sq. Ft: 4906
Exterior
  • Clapboard
  • Shingles
Additional Information
  • Apod Available: No
  • Beach Description: Bay
  • Beach Miles To: 1/10 to 3/10
  • Beach Ownership: Public
  • Construction: Frame
  • Exterior Features: Deck
  • Facing Direction: North
  • Flooring: Wood
  • Foundation: Granite
  • Hot Water: Natural Gas
  • Lead Paint: Unknown
  • Lot Description: Zero Lot Line
  • Mf Type: 5+ Family - 5+ Units Up/Down
  • Roof Material: Rubber
  • Sewer: City/Town Sewer
  • Terms Feature: Contract for Deed
  • Utility Connections: for Gas Oven
  • Water: City/Town Water
  • Year Round: Yes

Location

Seller's Representative:
Dennis M. Conway
Olde Towne Real Estate Co.

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MLS PIN data last updated at October 17th, 2017 9:06:06 AM EDT