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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$9,999,000

Est. payment - /mo

30 Beds

29.5 Baths

16,389 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 16,389 sqft

Price per Sqft $610

MLS Listing ID 73474378

Bedrooms 30

Full Baths 29

Half Baths 1

Year Built 2022

Annual Tax Amount $74,929

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston's most supply-constrained, high-demand submarkets. Buyer's agents compensated

Location

State MA

County Suffolk

Area South Boston

Zoning A

Direction Main entrance on Preble Street

Interior

Flooring Wood, Tile

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Balcony, Sprinkler System, Varies per Unit

Garage Spaces 15.0

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station

Utilities Available for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

Waterfront Description Bay,3/10 to 1/2 Mile To Beach

View Y/N Yes

View City View(s)

Roof Type Rubber

Total Parking Spaces 45

Garage Yes

Building

Lot Description Gentle Sloping

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Douglas Elliman Real Estate - Easter Entwistle Advisors

Nearby School & Business

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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33-39 Ward St. Boston, MA 02127

Sheena Ruggirello

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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