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Off market
  • $5,371,300

    873-875 E 2nd St, Boston, MA 02127

    22beds
    7,440sqft
    5-9 Family
    Built in 1890
    -- sqft lot
    $5,371,300 Zestimate®
    $722/sqft
    $5,117 Estimated rent

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    $31,462/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 29, 2022 at 05:49pm

    Listed by:

    John Pentore,

    Horvath & Tremblay

    Bought with:

    Craig Shames Esq.

    Conway Commercial

    Source: MLS PIN,MLS#: 72956617

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 12
    • Full bathrooms: 12
    • 1/2 bathrooms: 4
    Heating
    • Other
    Cooling
    • Other
    Features
    • Other
    • Flooring: Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 7,440
    • Total interior livable area: 7,440 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Tandem
    Features
    • Patio & porch: Deck
    • Waterfront features: Beach Front, Bay, Harbor, 1/2 to 1 Mile To Beach
    Lot
    • Size: 6,098 sqft
    • Features: Other
    Details
    • Parcel number: 0603784000/0603785000
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Frame
    • Foundation: Brick/Mortar
    • Roof: Rubber
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Highway Access
    Location
    • Region: Boston

    HOA & financial

    Other financial information
    • Total actual rent: 27600
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    Estimated market value
    $5,371,300