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870 East 5th Street Boston, MA 02127
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Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,893 sqft
Price per Sqft $543
MLS Listing ID 73012708
Bedrooms 15
Full Baths 7
Year Built 1899
Annual Tax Amount $20,422
Tax Year 2022
Lot Size 3,049 Sqft
Property Sub-Type 3 Family
Property Description
The Property, with over $220,000 in gross rents, is located at 870 E. 5th Street in South Boston. 870 E 5th offers the rare opportunity to acquire an outstanding, turn key core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The Property consists of a gut renovated, three story building containing units with (1) 5-bedroom/3 bathroom unit and (2) 5-bedroom/2 bathroom units with 8,653 square feet of living area. The property is fully leased (with all units rented until 8/31/23) and has undergone a total renovation, every system and building element is brand new featuring condo quality finishes, including new kitchens and bathrooms with modern amenities, new forced hot air heating and central air conditioning systems in every unit, upgraded electrical service and luxury, vinyl plank flooring throughout. Building amenities include private storage, coin op laundry, rear decks and a shared backyard.
Location
State MA
County Suffolk
Zoning R3
Interior
Flooring Vinyl
Laundry Laundry Room
Exterior
Waterfront Description Beach Front, Bay, 0 to 1/10 Mile To Beach
Roof Type Rubber
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Read Less
Bought with John Pentore • Horvath & Tremblay
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