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202-206 H Street Boston, MA 02127
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Key Details
Sold Price $5,775,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,705 sqft
Price per Sqft $749
MLS Listing ID 72843223
Bedrooms 30
Full Baths 9
Year Built 1900
Annual Tax Amount $35,979
Tax Year 2021
Lot Size 3,484 Sqft
Property Sub-Type 5-9 Family
Property Description
Greater Metropolitan Real Estate is pleased to present this EXTREMELY RARE 9 UNIT investment property on the EAST SIDE of South Boston. The asset is comprised of three attached side by side 3-Families giving investors the opportunity to acquire 9 units at once, while utilizing residential financing. Prime location, just a 9-Iron chip shot away from the beach. The property features a very lucrative unit mix currently consisting of 30 bedrooms. (3) 2-level 4-bedroom apartments and (6) 3-bedroom apartments. All units have been recently renovated with hardwood floors, granite countertops, stainless steel appliances, and partial WATER VIEWS, etc. The massive, shared backyard and patio spans the length of the entire property giving this building a very unique amenity. There is VALUE-ADD potential in all three of the 4-bed duplex apartments (ask broker). STUNNING RENT ROLL averaging $32,500 per month the last three years and projected to reach or beat $33,000 per month or $396,000 per year.
Location
State MA
County Suffolk
Area South Boston
Zoning RES
Exterior
Fence Fenced/Enclosed, Fenced
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access
Waterfront Description Beach Front, 0 to 1/10 Mile To Beach
Roof Type Rubber
Building
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Read Less
Bought with Femion D. Mezini • Buyers Brokers Only, LLC

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