Sold
873-875 East Second
Boston MA, 02127
$4,962,500
$667.00 per sqft
Sold
22 Beds
12 Baths
7,440 sqft
Multi-family
Built in 1890
The property consists of two adjacent, three-story, three family buildings containing six units with (4) 4-Bedroom/1.5-Bathroom units and (2) 3-Bedroom/1.5 Bathroom units. The Property is fully occupied and has undergone extensive renovations and features condo quality finishes including new kitchens and bathrooms with modern amenities, new forced hot air heating and central air conditioning systems in all units, upgraded electrical service and luxury, vinyl plank flooring throughout. Building amenities include dishwashers and laundry in all units, rear decks, off-street parking and oversized backyard which creates incredible outdoor space for tenants in an urban-infill location. The opportunity exists to increase the parking on the property by converting the backyard space into a parking area. Additionally, all leases currently expire 8/31/22. 5 of 6 units have been renewed or leased for 9/1/22- 8/31/23. 5.4% Cap Rate at Renewal Rates. Showing Thursday, 4/28 by APPT. only.
72956617
MLSⓇ ID
March 23, 2022
Listed
May 9, 2024
Updated
Map
873-875 East Second
Boston MA, 02127
Interior Features
Total Stories
9
Bedrooms
22
Total Bathrooms
12
Full Bathrooms
12
Interior Features
Other, Other (See Remarks), Unit 1(Stone/Granite/Solid Counters), Unit 2(Stone/Granite/Solid Counters), Unit 3(Stone/Granite/Solid Counters), Unit 4(Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliances
Other, Unit 1(Range,Dishwasher,Microwave,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 4(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Utility Connections for Gas Range
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Other, Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
Heating
Yes
Heating Description
Other, Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas), Unit 4(Forced Air, Gas)
Exterior/Building Features
Lot Size
0.14 Acres
Exterior Features
Deck
Lot Features
Other
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
South Boston
Taxes
$37,720
Tax Frequency
Annually
Days on Market
52
Garage
No
Parking
Off Street, Tandem
Parking Total
4
View
No
County
Suffolk
Water Source
Public
Pool
No
Zoning
R3
Buyer Agency Compensation
1.75%
Courtesy of John Pentore, Horvath & Tremblay
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Data last updated 3:47 AM UTC, 5/9/2024
