501 East Broadway, Boston, MA 02127 (MLS # 72138323)

Price $3,500,000
Status Active
Beds 12
Baths 12 baths
Home size 4,906 sq ft
Lot Size 2,178 sqft
INVESTOR ALERT….A rare find in a hot location. This LEGAL 12 studio unit building has had continue upkeep throughout the years. With new furnace and hot water tanks installed in February, this property is fully compliant with all Boston Housing and Massachusetts Building Code. Camera Security exterior. Roof 8 years old. Each Unit has a private bath along with a kitchen and sleeping space. Fully occupied the current rents are below market rate. A smart investor, providing modern upgrade is easily capable to realize a reasonable increase in rents to create a most reasonable return on this investment. Located in the very heart of South Boston on East Broadway steps to the shops, restaurants, taverns, bus stops. Very short distance to the beaches & parks… Walk Score of 92. Close to the booming Seaport and Fort Point neighborhoods of South Boston. Showings will need to be scheduled in advance and only for those very qualified investors. Email list agent for additional details
Property Type(s): Multi Family

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Listing provided by Dennis M. Conway, Olde Towne Real Estate Co.
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