272-274B Meridian, Boston, MA 02128
$2,295,000 - East Boston's Eagle Hill
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Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston’s Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!
— MLSPIN #: 73289670Map of 272-274B Meridian, Boston, MA 02128
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| List Price: | $2,295,000 |
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| Status: | Active |
| MLS ID: | 73289670 |
| Town: | Boston |
| Neighborhood: | East Boston's Eagle Hill |
| County: | Suffolk |
| Zip: | 02128 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 11 |
| Full Baths: | 5 |
| Living Area: | 2,912 sqft |
| Acres: | 0.06 |
| Taxes: | 16,953 |
| Flooring: | Tile, Vinyl, Varies, Hardwood |
| Lot Features: | Corner Lot, Gentle Sloping, Level |
| Parking Features: | On Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1899 |
| Roof: | Rubber |
| Directions: | Take Maverick T, walk 0.5 miles |
| Foundation Details: | Concrete Perimeter |
| Electric: | Varies per Unit |
| Construction Materials: | Frame, Brick, Stone |
| Listing Contract Date: | 2024-09-12 |
| Lot Size Area: | 0.06 |
| Lot Size Square Feet: | 2,534 |
| Rooms Total: | 19 |
| Bathrooms Total Integer: | 5 |
| Basement: | true |
| Basement: | Full, Interior Entry, Concrete |
| Building Area Source: | Public Records |
| Building Area Total: | 2,912 |
| Community Features: | Public Transportation, Shopping, Highway Access, Public School, T-Station |
| Exterior Features: | Varies per Unit |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 5 |
| Open Parking?: | Yes |
| Parcel Number: | 1330201 |
| Patio And Porch Features: | Patio - Enclosed |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | 0 |
| Stories Total: | 14 |
| Year Built Source: | Public Records |
| Disclosures: | Buyer to perform due diligence on zoning. #2 is a 3 BD/1 BTH, currently vacant (rent comps $3000-$3300/month). Current gross income includes vacancy for #2. Financials to be delivered upon request. Utility room accessed through barbershop. This is a legal three-family plus commercial. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $183,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $788.12 |
| Page: | 0 |
| Price Per Sqft: | $788.12 |
| Square Feet Disclosures: | Living area is according public records, may be larger, buyer to perform due diligence |
| Square Feet Incl Base: | No |
| Net Operating Income: | $183,000 |
| Original List Price: | $2,399,500 |
| Tax Year: | 2024 |
| Total Actual Rent: | $15,250 |
| Year Built Details: | Actual, Renovated Since |
| Bedrms 2: | 4 |
| Bedrms 3: | 3 |
| Bedrms 4: | 2 |
| F Bths 2: | 2 |
| F Bths 3: | 3 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 8,000 |
| Rent2: | 3,700 |
| Rent4: | 1,650 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on November 23, 2024 12:00 PM
Property Last Updated: November 18, 2024 03:10 AM
Listing Courtesy of: Carlton's Wharf & Co.
Listing Agent: Jorge Rodriguez
617-331-7473
