For Sale

45 Broad St, Boston, MA

Boston · MA 02109

$8,000,000
Price
9
Beds
10.5
Baths
13139
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2016
Units: 11 Units
Lot size: 1,842 Sq.Ft Lot
Price per square foot: $609 / Sq.Ft
Parking: No Parking

About this home

Rare opportunity to acquire a fully utilized, turn-key mixed-use investment property in the heart of Downtown Boston. Notably restored and combined in 2016, 45 Broad Street and 119 Water Street comprise a boutique 11-unit asset featuring nine highly desirable one-bedroom apartments and two prime street-level restaurant spaces. Originally home to large-scale printing operations, the buildings retain distinctive architectural character with high ceilings, oversized windows, exposed structural elements and substantial timber joists throughout. Current ownership completed a comprehensive redevelopment of the properties, creating a stabilized, generational-quality asset with no immediate capital improvements anticipated. All residential units feature central air conditioning, in-unit laundry and high-end finishes, while the two commercial spaces provide additional income and diversification to the rent roll. Ideally positioned just blocks from Boston Harbor, the Rose Kennedy Greenway and Financial District, the property benefits from an exceptional Downtown location, strong residential demand, limited competing inventory and significant barriers to entry for comparable new development. An exceptional opportunity for an investor seeking a stabilized, low-maintenance Boston asset combining durable income, irreplaceable historic character and long-term appreciation potential.

Neighborhood & Transit

Midtown

45 Broad St, Boston · MA 02109

Nearby transit

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

  • Aquarium Blue 0.10 mi
  • State BlueOrange 0.11 mi
  • Government Center BlueGreen 0.28 mi
  • Downtown Crossing OrangeRed 0.29 mi
  • Haymarket GreenOrange 0.32 mi
  • South Station Red Commuter Rail 10 routes 0.37 mi
    • CapeFLYER
    • Fairmount Line
    • Fall River/New Bedford Line
    • Foxboro Event Service
    • Framingham/Worcester Line
    • Franklin/Foxboro Line
    • Greenbush Line
    • Kingston Line
    • Needham Line
    • Providence/Stoughton Line
  • Park Street GreenRed 0.40 mi
  • Bowdoin Blue 0.45 mi

Price Insight

Days on Market:
54 days
Listing Price:
$8,000,000
Price per Sq.Ft:
$609
Tax Assessment:
$4,133,800 in 2027
Taxes:
$6,186 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
9
Half Bathrooms
3
Living Area
13,139 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
13139
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
1,842 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Eliott Levine
Listing office
Olde Forge Realty
MLS PIN #
73575427
Disclosure
Rent roll and expenses are in hand.