Unit Information
The Park & Pearl Portfolio is comprised of 3 multi-family buildings and contains 30 residential units comprised of (4) 3-Bedroom/1-Bathroom units, (17) 2-Bedroom/1-Bathroom units, and (9) 1-Bedroom/1-Bathroom units. Since acquisition of the assets in 2017 & 2021, current ownership has completed numerous capital upgrades including a majority of units featuring new, Navien tankless systems for individual heat and hot water (gas) as well as some upgrades to the unit’s interiors. 148 Park Street/155 Pearl St contains (7) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. 156-160 Park Street contains (4) 3-Bedroom/1-Bathroom units, (4) 2-Bedroom/1-Bathroom units, and (1) 1-Bedroom/1-Bathroom unit. 161-165 Park Street contains (6) 2-Bedroom/1-Bathroom units and (3) 1-Bedroom/1-Bathroom units. Through programmatic renovations to the assets, the opportunity exists to substantially raise market rents in a high demand, up-and-coming rental sub-market.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Side by Side
- Zip Code: 02150
- Living Levels: 3
- Parking
- Parking: Paved Drive
- Rooms and Dimensions
- Total Units: 30
- Total Floors: 3
- Total Rooms: 99
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$8,100,000
- Listing ID: 73281006
- Bedrooms: 55
- Full Baths: 30
- Living Area: 24,219 sqft Convert
- Lot Size: 10,454 sqft Convert
- Acres: 0.24
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |