Off Market

1-400-778 US-1, Boston, MA

Boston · MA 02703

$5,500,000
Price
4
Beds
4.5
Baths
3262
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1197
Units: 4 Units
Lot size: 3,262 Sq.Ft Lot
Price per square foot: $1,686 / Sq.Ft
Parking: 1 Garage Space

About this home

Unique investment opportunity which for some, truly should not be passed up.This is the sale of a Jersey (Channel Islands) Company + U.S. subsidiary with legal, banking, accounting, and management already in place, of course with the four properties it owns in three of Boston's premier luxury residential buildings: Millennium Tower-Midtown, The Clarendon-Back Bay, and The Mandarin Oriental-Back Bay.The benefits for international buyers are noteworthy, which include: no estate tax (up to 40% for non-U.S. citizens), no capital gains tax, no FIRPTA withholding (typically 15% total sales price not returned until after the calendar year?s taxes are filed), international anonymity, and for some this will be the most important...ability to place any currently owned properties in the U.S. into the company in order to retroactively use the company benefits.

Neighborhood & Transit

Midtown

1-400-778 US-1, Boston · MA 02703

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:
1115 days
Listing Price:
$5,500,000
Price per Sq.Ft:
$1,686
Tax Assessment:
$4,524,400 in 2024
Taxes:
$4,086 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,262 Sq.Ft
Broker Disclosure about Living Area
total SF interior of each unit offered
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3262
Flooring
Unknown
Lead paint
None

Utilities

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

Exterior Features

Lot Size
3,262 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
The Cloutier Group
Listing office
Compass
MLS PIN #
73170807
Disclosure
total SF interior of each unit offered