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

33-39 Ward St

South Boston - Boston, MA ID #73474378

Property Description

Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Area: South Boston
  • Zip Code: 02127
  • Taxes: 74,929
  • Levels: 4
  • Acres: 0.14

Parking

  • Garage: 15
  • Garage Capacity: 15
  • Parking: Leased, Assigned
  • Parking Spaces: 30

Rooms/Dimensions

  • Total Units: 14
  • Total Floors: 4
  • Total Rooms: 99

Location

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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 Easter Entwistle Advisors of Douglas Elliman Real Estate - Easter Entwistle Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.