59-61 Endicott st - Apartments FOR SALE


Boston, MA 02113- North End Boston
$4,490,000 USD
617-909-9191
59-61 Endicott st, Boston, MA for Sale
$4,490,000 USD
Apartments - FOR SALE
1/28
null | 5.62% Cap Rate

59-61 Endicott st
Boston, MA 02113
North End Boston


OVERVIEW

59-61 Endicott Street is an eight-unit multifamily apartment building located at the gateway to Boston's historic North End. The modern units feature highly sought-after amenities, including central air conditioning, in-unit washers and dryers, exposed brick, hardwood floors, large windows that flood the space with natural light, and open kitchens with granite countertops and stainless-steel appliances. The unit mix includes six (6) 2-bed/1-bath units, one (1) 3-bed/2.5-bath unit, and one (1) unique lofted studio with a private street-level entrance. Located at the crossroads of the Rose Kennedy Greenway, Faneuil Hall, the Financial District, Government Center, and North Station, residents enjoy proximity to Boston’s largest employment hubs, as well as a wealth of walkable amenities. For public transportation, the MBTA’s Haymarket Orange and Green Line stations are just across the Greenway, and both North and South Station commuter rail stations are within a ten-minute walk. 59-61 Endicott Street offers investors the opportunity to acquire a turn key multifamily property in one of Boston’s most desirable neighborhoods. With in-place below-market rents, there is significant potential for cash flow growth as the leases come up to market rates. The property’s strong history of tenant retention and high occupancy ensure a secure and predictable income stream.

FOR SALE DETAILS

PRICE

$4,490,000 USD

PRICE/SF

$880 USD /SF

# OF UNITS

8

PRICE/UNIT

$561,250

CAP RATE

5.62%

% 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

RES

APN/PARCEL ID

CBOS-000000-000003-002463

ASK ABOUT THIS PROPERTY

Giancarlo TiberiCore Property GroupMore Info
617-909-9191

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

Giancarlo TiberiCore Property GroupMore Info
617-909-9191

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