1-4 Schrepel Pl, Boston, MA 02127

$6,300,000
20
BD
12
BA
11,070
SqFt
List Price
$6,300,000
Status
EXTENDED
MLS#
73187664
Bedrooms
20
Bathrooms
12
Full Baths
12
Living Area
11,070
Lot Size (Acres)
0.14
Year Built
1920

Property Description

Centrally located in the heart of South Boston, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The building has separate utilities; 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 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.

Additional Information

Area
South Boston
Taxes
$47,506
Parking Description
Paved Drive, Off Street, Leased
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dennis Kelleher from Listing Office: Horvath & Tremblay.

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