$1,060,000
$1,060,000
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316 E St Boston, MA 02127
3 Beds
3 Baths
1,975 SqFt
Key Details
Sold Price $1,060,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $536
MLS Listing ID 72396797
Sold Date 11/01/18
Bedrooms 3
Full Baths 3
Year Built 1927
Annual Tax Amount $8,141
Tax Year 2018
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Investors take notice. Located in the bustling section of South Boston, 316 E Street is centrally located and is in close proximity to the vibrant Seaport District and South End, as well as local neighborhood hot spots such as Lincoln, Capo, and Loco. A three story building, 316 E Street consists of 3 residential units and a common back patio for residents. All units have ideal layouts, with an open feel and well proportioned rooms, increasing their appeal to tenants. Most importantly, at a Cap Rate of 4.69 percent, investors can benefit from a strong annual net income, with potential to increase return on investment with capital improvements. Property to be sold as is.
Location
State MA
County Suffolk
Area South Boston
Zoning Res
Direction Off of W Broadway between Silver St and W Broadway
Interior
Interior Features Other (See Remarks)
Appliance Gas Water Heater
Exterior
Community Features Public Transportation, Laundromat
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 6
Foundation Other
Sewer Public Sewer
Water Public
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Bought with Christine M. Fosco • Fosco Realty
