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Commonwealth

501 East Broadway, Boston, MA 02127


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  • Multi-Family Home
  • Price: $3,500,000
  • Square Feet: 4,906
  • Taxes: $22,334
  • Year Built: 1890
  • MLS Number: 72266311
  • Status: Active

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Community Information

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Description

INVESTOR ALERT….A rare find in a hot location. This LEGAL 12 studio unit building has had continue upkeep throughout the years. With new furnace and hot water tanks installed in February, this property is fully compliant with all Boston Housing and Massachusetts Building Code. Camera Security exterior. Roof 8 years old. Each Unit has a private bath along with a kitchen and sleeping space. Fully occupied the current rents are below market rate. A smart investor, providing modern upgrade is easily capable to realize a reasonable increase in rents to create a most reasonable return on this investment. Located in the very heart of South Boston on East Broadway steps to the shops, restaurants, taverns, bus stops. Very short distance to the beaches & parks… Walk Score of 92. Close to the booming Seaport and Fort Point neighborhoods of South Boston. Showings will need to be scheduled in advance and only for those very qualified investors. Email list agent for additional details


Directions

East Broadway between Dorchester St. ( Perkins Square ) & G Street


Mortgage Payments

The approximate monthly Principal & Interest payment for this property would be $16,909.88. This payment is based on a 30-year loan at a fixed rate of 5.0% with a down payment of $350,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

Features

  • Elementary school: bps
  • Middle school: bps
  • High school: bps
  • Number of rooms: 1
  • Rooms in unit #1: 1
  • Bedrooms in unit #1: 1
  • Baths in unit #1: 1
  • Shingle exterior
  • Frame exterior
  • Deck
  • Lot acreage is: 0.05
  • Lot has beachfront
  • Lot has bay view
  • Lot size: 2206.00
  • Lot zoned: 112
  • Wood floors
  • Rubber roof
  • City sewer
  • City water
  • Total square feet: 4906.00


Information Deemed Reliable But Not Guaranteed.

Data last updated: 4/22/2018


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Courtesy of:
Olde Towne Real Estate Co., Conway & Associates
© 2018 MLS Property Information Network, Inc;
The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc.
and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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