823 E 6th St - Apartments FOR SALE


South Boston, MA 02127
$5,400,000 USD
781-418-6225
823 E 6th St, South Boston, MA for Sale
$5,400,000 USD
Apartments - FOR SALE
1/1
null | 6% Cap Rate

823 E 6th St
South Boston, MA 02127


HIGHLIGHTS

  • Iconic South Boston Location
  • One block from ocean and beaches
  • All residential units extensively renovated in 2018
  • Commercial unit is long term leased to busy, elevated “gastropub”
  • On-site garage parking
  • Exceptional appreciation potential

OVERVIEW

The KeyPoint Investment Sales team has been exclusively engaged to sell the fee simple interest in 823 East Sixth Avenue and 149 P Street, which is located one block from the ocean and beach in iconic South Boston, MA. The three-story building was extensively renovated in 2018 and includes four residential condominiums, one commercial condo, and four garage spaces, all of which are owned by the Seller. The residential units all include a gourmet kitchen, gas fireplace, in-unit washer dryer, and amazing water and/or city views. The commercial unit is leased to Local 149, a busy, upscale “gastropub” with an elevated menu.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$491 USD /SF

# OF UNITS

5

PRICE/UNIT

$1,080,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

CM

APN/PARCEL ID

SBOS-000000-000006-004402-000012

ASK ABOUT THIS PROPERTY

Jonathan AronKeyPoint Partners, LLCMore Info
781-418-6225

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Jonathan AronKeyPoint Partners, LLCMore Info
781-418-6225

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