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House with terrace Boston (United States)by gibson sotheby's international realty

House with terraceBoston (United States)
Price :
$1,950,000
bedrooms8 bathrooms3 land121

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.
Advertiser reference : XWXJ9RLe Figaro Properties reference : 102662061

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  • Air conditioning

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Contract pending

House with terrace Boston (United States)

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Nancy Roth

gibson sotheby's international realty
20 City Square02129 Boston (United States) All the listings of this agency

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