Unit Information
Calling all investors and savvy developers! Potential 7.5%+ cap rate. Great opportunity to own a cash cow, mixed-use commercial and residential building in East Boston. This property features a commercial space on the ground level pulling in $8000/month with a long-term lease, along with 3+ residential units above. Location is very prime and next to the Central-Maverick Square neighborhood of Eagle Hill. Enjoy the convenience of Meridian street restaurants/shops, Liberty Plaza (CVS, Shaw's, Kappy's Liquors) and Maverick T is 0.5 mile with direct access to Downtown Boston and the Harborwalk. Great for a profitable buy/hold or go through variance process in this MU-7 zoning area!
- Additional Details
- Status: ACT
- Type: Multi-Family, 4 Family
- Area: East Boston's Eagle Hill
- Zip Code: 02128
- Living Levels: 14
- Parking
- Parking: On Street
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 14
- Total Rooms: 19
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$2,399,500
- Listing ID: 73289670
- Bedrooms: 11
- Full Baths: 5
- Living Area: 2,912 sqft Convert
- Lot Size: 2,534 sqft Convert
- Acres: 0.06
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Luxury Residential Group
(617) 233-5800
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