See all 14 photos
14 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,700,000
Est. payment /mo
6 Beds
6 Baths
2,872 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,872 sqft
Price per Sqft $591
MLS Listing ID 73415554
Bedrooms 6
Full Baths 6
Year Built 1899
Annual Tax Amount $10,841
Tax Year 25
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type 5-9 Family
Property Description
116 Brooks Street contains a total of six residential units, consisting of four (4) Studio units and two (2) 1-Bedroom/1-Bathroom units. 116 Brooks Street has been impeccably maintained during its ownership and includes numerous upgrades including a new Lochinvar Boiler and HP Hot Water Tank (2021), various renovations to the units' interiors (Unit 5 features condo-quality finishes) as well as upgraded common areas. The Landlord is responsible for heat & hot water as well as electric. In-place rents are below the current market rent for comparable units in the area, offering the Buyer the potential to raise rents and increase current revenue through programmatic upgrades of the unrenovated unit interiors as well as upgrading the building's electrical service to feature separate electric. Unit 3 is currently vacant and will need to be renovated for the highest and best use. 116 Brooks Street is situated in an exceptional urban location in East Boston.
Location
State MA
County Suffolk
Area East Boston
Zoning R4
Direction Please use GPS
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Waterfront Description 1/2 to 1 Mile To Beach
Roof Type Rubber
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less Info
Listed by Horvath & Tremblay
Learn More About LPT Realty
Follow Us