Amazing opportunity to buy/hold a large commercial/mixed-use building in your portfolio or envision the perfect re-development! This 3-story building is comprised of 14,000 sqft of rentable space, including two occupied retail storefronts and three vacant office spaces with elevator service at 82 Paris St. ready for your design and vision! Developers/Builders, take advantage of MU-5 zoning designation and renovate into apartments or condos. This building is located near the Maverick Square and Jeffries Point neighborhood of East Boston, 0.3 miles from Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston via train or ferry!
— MLSPIN #: 73290709Map of 59-63 Meridian, Boston, MA 02128
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| List Price: | $4,295,000 |
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| Status: | Contingent |
| MLS ID: | 73290709 |
| Town: | Boston |
| Neighborhood: | East Boston |
| County: | Suffolk |
| Zip: | 02128 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 0 |
| Living Area: | 13,956 sqft |
| Acres: | 0.11 |
| Taxes: | 45,206 |
| Status: | Active Under Contract |
| Water Source: | Public |
| Year Built: | 1910 |
| Roof: | Rubber |
| Directions: | Take Maverick MBTA, walk 0.3 miles |
| Foundation Details: | Brick/Mortar |
| Construction Materials: | Brick |
| Listing Contract Date: | 2024-09-16 |
| Lot Size Area: | 0.11 |
| Lot Size Square Feet: | 4,681 |
| Bathrooms Total Integer: | 0 |
| Building Area Source: | Public Records |
| Building Area Total: | 13,956 |
| Community Features: | Public Transportation, Shopping, Highway Access, Public School, T-Station |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 5 |
| Parcel Number: | 1330061 |
| Sewer: | Public Sewer |
| Zoning: | 0344 |
| Stories Total: | 3 |
| View: | City View(s) |
| Year Built Source: | Public Records |
| Disclosures: | Buyer to perform due diligence on zoning. All office spaces are vacant/unrented, only 2 retail storefronts is rented, paying $9619/month. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $115,428 |
| Listing Agreement: | Exclusive Right To Sell |
| Anticipated Sold Date: | 2025-05-31T04:00:00.000Z |
| Apod Available: | No |
| Comp Based On: | Net Sale Price |
| Disclosure: | No |
| Dpr Flag: | No |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | No |
| Listing Alert: | No |
| List Price Per Sqft: | $307.75 |
| Page: | 162 |
| Price Per Sqft: | $307.75 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $115,428 |
| Original List Price: | $4,295,000 |
| Tax Assessed Value: | $1,788,900 |
| Tax Year: | 2024 |
| Total Actual Rent: | $9,619 |
| View?: | Yes |
| Year Built Details: | Actual |
| Rent1: | 9,619 |
Disclaimer:
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 08:44 AM
Property Last Updated: November 14, 2024 06:16 PM
Listing Courtesy of: Carlton's Wharf & Co.
Listing Agent: Jorge Rodriguez
617-331-7473
