272-274B Meridian Boston, MA
$2,295,000
Beds 11
Baths 5
Square Feet 2,912
Acres 0.06
Description
Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston’s Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!
Listed by Carlton's Wharf & Co., Jorge Rodriguez
Details
MLS 73289670
Status Active
Price $2,295,000
DOM 93 days
Type Multi-Family
Beds 11
Total Baths 5 full baths
Square Feet 2,912 sqft
Lot Size 0.06 acres
Year Built 1899
Lot & Building Features
Construction Brick, Stone, Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $16,953
Water Public
Foundation Concrete Perimeter
Exterior Features Varies per Unit
Roof Rubber
Full Baths 5
Parking On Street
Total Rooms 19
Basement Feature Concrete, Interior Entry, Full
Garage Spaces 0
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.