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$2,315,000

Multi-family - 3 Units

3,060 sqft

703 East Second Street #
Boston, 02127 - South Boston

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~~~ATTENTION DEVELOPERS & INVESTORS~~~ RARE turn key 3 family with large lot size & parking on South Boston's east side. The property is minutes to Seaport and around the corner from the new Edison power plant development. Perfect for an investor looking for an opportunity with potential for development. The property sits on large lot size of 3875 sq ft, buyer could potentially increase living space and rent roll while also maintaining parking in the rear of the building. This asset could work as a buy and hold for a rental building or could be developed as condos in the future. Unit one is a large modern 2 bed 1 bath , and units two and three are modern 3 bed 1 baths. All units have rear decks providing the tenants outdoor space. Currently occupied with a very strong rent roll until 8/31/23.

MLS ID:73046928
Parking:6,
Annual Tax:$13,872
Assessments:$1,275,000
Year Built:1900
Days on market:565
Basement:Unfinished Basement

Unit information

Unit 1
Unit Floor:1 Living Levels:1 Rooms:4 Bedrooms:2 Bathrooms:1 full / 0 half Rent:3100 Lease:Y
Unit 2
Unit Floor:2 Living Levels:1 Rooms:5 Bedrooms:3 Bathrooms:1 full / 0 half Rent:4100 Lease:Y
Unit 3
Unit Floor:3 Living Levels:1 Rooms:5 Bedrooms:3 Bathrooms:1 full / 0 half Rent:4500 Lease:Y

Similar Properties

# id type br/bth status price sq ft
1 73041884 Multi-family 3 Units Extended $2,250,000 3,074
2 72039215 Multi-family 4 Units New $2,550,000 2,977
3 72731432 Multi-family 2 Units Active $1,989,000 3,000

Location of Similar Properties



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