Off Market

1-4 Schrepel Pl, Boston, MA

Boston · MA 02127

$6,300,000
Price
20
Beds
12
Baths
11070
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 12 Units
Lot size: 6,490 Sq.Ft Lot
Price per square foot: $569 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Centrally located in the heart of South Boston, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The building has separate utilities; Tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and 8 off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.

Neighborhood & Transit

South Boston

1-4 Schrepel Pl, Boston · MA 02127

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1054 days
Listing Price:
$6,300,000
Price per Sq.Ft:
$569
Tax Assessment:
$4,423,280 in 2023
Taxes:
$3,959 / Monthly

Home Facts

Interior Features

Bedrooms
20
Full Bathrooms
12
Half Bathrooms
0
Living Area
11,070 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
11070
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
6,490 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Dennis Kelleher
Listing office
Horvath & Tremblay
MLS PIN #
73187664
Disclosure
The total monthly rent is $34,350. The maximum input allowed by MLS is $32,767