Boston, MA 02127,316 E St
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Boston, MA 02127,316 E St
Boston, MA 02127,316 E St
Boston, MA 02127,316 E St
Boston, MA 02127,316 E St

$1,060,000

Est. payment /mo

$1,060,000

Est.Price: ?

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316 E St Boston, MA 02127

3 Beds

3 Baths

1,975 SqFt

SOLD DATE : 11/01/2018

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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William Phipps

William Phipps

Engel & Völkers

+1(857) 205-1064

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Listed by Coldwell Banker Residential Brokerage - Boston - South End
Bought with Christine M. Fosco • Fosco Realty
William Phipps

William Phipps

Advisor | License ID: 9588231

+1(857) 205-1064

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