Key Facts
- MLS® #: 73515341
- Property ID: SIRC3325357
- Original Price: USD 1,950,000
- Property Type: Residential, Other
- Lot Size¹: 0.03 ac
- Year Built: 1880
- Bedrooms: 8
- Bathrooms: 3
- Listed By:
- Nancy Roth, Colin Boylan, Fiona McMahon
Property Description
Well located on High Street, this rarely available, solid, three-family building is just a few blocks from Monument Square and close to town center shops, restaurants and transportation. Investors, developers: this three-unit dwelling is a prime investment or condo-conversion opportunity. Unit 1: this special two bedroom/1 bath unit features a private entrance, and spans 1000sf with a sun-drenched living/dining room. Units 2 and 3 each offer 1050sf, three bedroom/1 bath floor plates of bright living space with great entertaining flow. An unfinished basement with 1189sf offers potential for future development and features direct street access and four large windows. A large common roof deck with panoramic skyline/city views completes the building. All three units currently leased with a 5% cap rate at the current rent roll. Significant NOI upside, projected to exceed a 6.25% cap rate, through market-rate lease renewals. Two leases coming up.
Amenities
- Basement - Unfinished
- City
- Hardwood Floors
- Jogging/Bike Path
- Wraparound Deck
Listing Agents
- Nancy Roth
C. 6174296396
O. 6174296396
- Colin Boylan
C. 6033253016
O. 6033253016
- Fiona McMahon
C. 9783377024
O. 9783377024
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Location
83 High Street , Boston, Massachusetts, 02129 United States
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Gibson Sotheby's International Realty
20 City Square
Charlestown, Massachusetts, 02129
United States
6172424222

