Unit Information
This is a prime investment opportunity boasting a strong rental history and significant potential for increased value and equity. This well-maintained two-family residential building features contemporary interior upgrades, along with updated mechanical systems, plumbing, and roof, ensuring minimal maintenance for years to come. With parking for 3-4 vehicles, a lovely yard, and a highly desirable location near restaurants, markets, beaches, parks, and the Blue Line, this property is perfectly positioned for long-term tenant appeal. Currently generating $7,400 in monthly rental income, this investment continues to grow year-over-year. The top-floor unit is secured with a 3-year lease, featuring pre-negotiated rent increases to $4,738/month in the second year and $4,880/month in the third year. Don't miss out on this excellent opportunity!
- Additional Details
- Status: ACT
- Type: Multi-Family, Multi Family
- Area: East Boston
- Zip Code: 02128
- Living Levels: 3
- Parking
- Parking: Paved Drive, Off Street, Stone/Gravel
- Parking Spaces: 3
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 11
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$1,150,000
- Listing ID: 73294238
- Bedrooms: 6
- Full Baths: 2
- Half Baths: 1
- Living Area: 2,281 sqft Convert
- Lot Size: 2,947 sqft Convert
- Acres: 0.07
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Luxury Residential Group
(617) 233-5800
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When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |