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339-927-5729
Best Boston Realty, LLC
25 Barry Street, Boston, MA 02125
- $1,449,000
- 11
- BD
- 3
- BA
- 3,581
- SqFt
- List Price
- $1,449,000
- Status
- NEW
- MLS#
- 73590937
- Bedrooms
- 11
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,581
- Lot Size (Acres)
- 0.08
- Year Built
- 1900
Property Description
Strong cash-flowing investment opportunity in the Mount Bowdoin/Grove Hall neighborhood. Current 7.9 cap rate with gross annual rental income of ~$130,000 and long-term tenants in place. Units can be delivered vacant, or with leases through July 2027. Property features separately metered gas and electric, lead compliance certificates, washer/dryer hookups for each unit in the basement, and a driveway for off-street parking. A few doors down from the charming Barry Street community garden. Recent development in the area include a condo development on abutting property at 52 Bellevue Street, and upcoming proposed 14 unit new development just a few doors down at 427 Quincy Street. Unique Value Proposition: Potential to add a fourth unit, offering additional upside for investors.
Additional Information
- Area
- Dorchester
- Taxes
- $13,206
- Parking Description
- Paved Drive, Off Street
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Mariel Yovino from Listing Office: Compass.
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