178 L St - Apartments FOR SALE


Boston, MA 02127
$2,825,000 USD
617-812-9035
178 L St, Boston, MA for Sale
$2,825,000 USD
Apartments - FOR SALE
1/51
null | 5.9% Cap Rate

178 L St
Boston, MA 02127


OVERVIEW

This turnkey 3 family asset is perfect for a 1031 exchange buyer or savvy investor looking for a high grossing income with low maintenance costs. This asset has 13 Bedrooms and 6 bathrooms in total. Located on the East side of South Boston just steps away from restaurants, shops, public transportation and the beach. Renovations units include stainless steel appliances in modern kitchens, brand new bathrooms , hardwood floors throughout, Central AC & Heat, rubber roof. Unit 2 has a bonus room with a large 2 level deck off of the rear which could be used as a bedroom. Extremely large yard also adding to the potential value add ability for an investor. This property will be a great investment for any owner looking to enter into the South Boston market.

FOR SALE DETAILS

PRICE

$2,825,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

3

PRICE/UNIT

$941,667

CAP RATE

5.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

L Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C

APN/PARCEL ID

SBOS-000000-000007-002580-000002,SBOS-000000-000007-002581

ASK ABOUT THIS PROPERTY

John Federico, Jr.Grove Property GroupMore Info
617-812-9035

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John Federico, Jr.Grove Property GroupMore Info
617-812-9035

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.