L Street

3 Unit Apartment Building | $2,875,000 ($958,333/Unit) | 5.80% Cap Rate | Boston, MA 02127

Asking Price $2,875,000

Property Type: Multifamily
Square Feet: 8,870 SF

Listing Contacts

John Federico, Jr.

Verified Profile

Property Info

Property Overview

This turnkey 3 family asset is perfect for a 1031 exchange buyer or savvy investor looking for a high grossing income with low maintenance costs. This asset has 13 Bedrooms and 6 bathrooms in total. Located on the East side of South Boston just steps away from restaurants, shops, public transportation and the beach. Renovations units include stainless steel appliances in modern kitchens, brand new bathrooms , hardwood floors throughout, Central AC & Heat, rubber roof. Unit 2 has a bonus room with a large 2 level deck off of the rear which could be used as a bedroom. Extremely large yard also adding to the potential value add ability for an investor. This property will be a great investment for any owner looking to enter into the South Boston market.

Property Details

Class: C
Year Built: 1900
Stories: 3
Lot Size (sq. ft): 6,534 SF
Units: 3

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