83 High Street , Boston, Massachusetts

Property for Sale in Boston

83 High Street , Boston, MA

  • CA$2,460,315
  • 8 BEDS
  • 3 BATHS
  • 0.03 ac Land
  • CA$2,460,315

Property for Sale in Boston

83 High Street , Boston, MA

  • CA$2,460,315
  • 8 BEDS
  • 3 BATHS
  • 0.03 ac Land
  • CA$2,460,315

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

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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*Showing requires confirmation from agent.

Location

83 High Street , Boston, Massachusetts, 02129 United States

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Marketed By

Gibson Sotheby's International Realty
20 City Square
Charlestown, Massachusetts, 02129
United States

6172424222

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¹Square footage refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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