Unit Information
***INVESTMENT OPPORTUNITY*** Well maintained Jeffries Point Three unit investment comprised of (1), 1-bedroom/1-bathroom unit, and (2) 2-bedroom/1-bathroom units. Prominently positioned in the vibrant Jeffries Point neighborhood of East Boston. This Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. Fully leased with laundry room in the basement, and below market rents. Opportunity to dramatically increase the cash flow by achieving market rents through cosmetic renovations, expansion of living space into the basement, potential roof deck addition and strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, and domestic water and sewer. Closing to take place in January 2025.
- Additional Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Area: East Boston's Jeffries Point
- Zip Code: 02128
- Living Levels: 6
- Parking
- Parking: On Street
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 6
- Total Rooms: 11
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$1,150,000
- Listing ID: 73299591
- Bedrooms: 5
- Full Baths: 3
- Living Area: 2,817 sqft Convert
- Lot Size: 1,100 sqft Convert
- Acres: 0.03
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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 | |