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$6,200,000
Est. payment /mo
20 Beds
12 Baths
11,070 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 11,070 sqft
Price per Sqft $560
MLS Listing ID 73404175
Bedrooms 20
Full Baths 12
Year Built 1920
Annual Tax Amount $49,321
Tax Year 25
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.
Location
State MA
County Suffolk
Area South Boston
Zoning A
Direction Please Use GPS.
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station, University
Roof Type Rubber
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Horvath & Tremblay
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