59-61 Endicott st - Apartments FOR SALE


Boston, MA 02113
$4,550,000 USD
617-575-2831
59-61 Endicott st, Boston, MA for Sale
$4,550,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

59-61 Endicott st
Boston, MA 02113


OVERVIEW

Avison Young is pleased to offer for sale 59-61 Endicott Street, an eight-unit multi-family apartment building located at the gateway to Boston's historic North End neighborhood. The four-story, +/- 5,100 square foot building was originally constructed in 1899 and substantially renovated in 2012. Its modern units provide sought-after features including central-air, in-unit washers and dryers, exposed brick, hardwood floors, large windows with abundant natural light and open kitchens with granite countertops and stainless-steel appliances. The professionally managed building is 100% leased and provides predictable and secure income due to its long-proven history of tenant retention, demand, and strong occupancy. 59-61 Endicott Street is situation within one of Boston's most vibrant neighborhoods and is just steps from the North End's countless restaurants, bars, and cafes. At the intersection of the Rose Kennedy Greenway, Faneuil Hall, the Financial District, Government Center, and North Station, residents benefit from proximity to Boston's largest employment centers as well as a rich and diverse walkable amenity base. For public transportation, the MBTA's Haymarket Orange & Green Line station is located just across the Greenway from the property. and the North and South Station commuter rail stations are within a ten-minute walk. For more information, and to access the full Offering Memorandum and Rent-Roll, please go to http://properties.avisonyoung.com/59-61EndicottStreet

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$892 USD /SF

# OF UNITS

8

PRICE/UNIT

$568,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,621 SF

ZONING

RC

APN/PARCEL ID

CBOS-000000-000003-002463

ASK ABOUT THIS PROPERTY

Scott JamiesonAvison YoungMore Info
617-575-2831

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

Scott JamiesonAvison YoungMore Info
617-575-2831

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