$2,195,000

House for sale Boston
Property photo number 1 of 6 Photos for Property. File  104375487_29_1c4be0ac7cd465375dbdd491a8b78abf.jpeg

Overview

SUMMARY: Discover an opportunity with this Boston house for sale and available for $2,195,000. This could be your next ideal home or a smart investment. More details await.
Rarely available and lovingly owned by the same family for generations, this exceptionally maintained 4-family property presents a unique opportunity in the heart of Boston's historic North End. Strong investment with substantial value-add potential. Pro forma rental income at
current market rates is projected at over $140K annually. 2 of the 4 units are currently occupied by family members without leases and are significantly below market rent. The remaining 2 units are also below market value with leases in place through 8/31/26. Property features an extraordinary duplex-style layout with finished lower level, private patio access, and in-unit laundry. 1 of the units has long functioned as a 2-bedroom. Major property improvements include roof in 2023 and hot water tank in 2024. Potential future roof deck opportunity. A rare chance to own a generational asset in one of Boston's most iconic and sought-after neighborhoods, surrounded by renowned restaurants, cafes, waterfront, downtown and the "T".

Details

  • Beds: 5
  • Baths: 4
  • Price: $2,195,000
  • Area: 2,805 sqft

Location

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