29 G St - Apartments FOR SALE


Boston, MA 02127
$1,850,000 USD
617-909-9191
29 G St, Boston, MA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/6
null | 5.57% Cap Rate

29 G St
Boston, MA 02127


OVERVIEW

Core Property Group is pleased to offer the exclusive sale of the residential investment property situated at 29 G Street (the “Property”), prominently positioned in the vibrant South Boston neighborhood. Ideally located a block from the intersection of East and West Broadway, this Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. The Property consists of a well maintained, three story, vinyl building containing two (2) Residential Units comprised of two (2), 3-bedroom/1-bathroom units. The Property also includes two (2) parking spaces for additional income. The Property is fully leased and benefits from recent renovations, in unit laundry, and below market rents. With current rents below market, there is opportunity to increase cash flow by achieving market rents through strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, central heat and hot water, and domestic water and sewer.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$712 USD /SF

# OF UNITS

2

PRICE/UNIT

$925,000

CAP RATE

5.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,109 SF

ZONING

RES

APN/PARCEL ID

SBOS-000000-000006-001976

ASK ABOUT THIS PROPERTY

Giancarlo TiberiCore Property GroupMore Info
617-909-9191

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Giancarlo TiberiCore Property GroupMore Info
617-909-9191

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