Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1-4 Schrepel Place

South Boston - Boston, MA ID #73579555

Property Description

The Property consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units with 11,070 square feet of living area in 14,760 gross square feet on a 0.149-acre parcel. The building has separate utilities and the 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 eight (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. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Propertyoffers 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.

Additional Details

  • Status: Active
  • Type: Multi-Family, Multi Family
  • Area: South Boston
  • Zip Code: 02127
  • Taxes: 54,494
  • Levels: 5
  • Acres: 0.14

Parking

  • Garage Capacity: 8
  • Parking: Off Street
  • Parking Spaces: 8

Rooms/Dimensions

  • Total Units: 12
  • Total Floors: 5
  • Total Rooms: 44
  • Has Basement: Yes

Location

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1-4 Schrepel Place, Boston, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kelleher - Pentore Team of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.