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Home Massachusetts Multi-Family Homes for Sale

271 West 5th St Boston, MA 02127
271 West 5th St, Boston, MA
Not Available - Off MarketPrice Reduced $50,000
0
$2,050,000
Total Beds: 9 Total Baths: 4
Total Units: 2 SQFT: 2874
LOT size: 0.03 Acres
271 West 5th St
Boston, MA 02127
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This Property is No Longer Available

Property Description

Centrally located in the heart of South Boston and 0.7 miles to Broadway Station and Andrew Station, the Property offers the rare opportunity to acquire an outstanding, turnkey core asset in an incredible urban-infill location in one of the strongest real estate markets in the country. The Property consists of a extensively renovated three-story building containing two units with one (1) 5-Bedroom/2-Bathroom unit and one (1) 4-Bedroom/2-Bathroom unit with 2,874 square feet of living area in 3,382 gross square feet on a 0.03-acre parcel. The Property is fully leased (with all units rented until 8/31/23) and has undergone a comprehensive renovation featuring condo quality finishes including new kitchens and bathrooms with modern amenities, new forced hot air heating and central air conditioning systems, tankless, Navien on-demand hot water systems, upgraded electrical service and new flooring throughout.
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Basement Features: Finished, Other (See Remarks), Partial, Walk Out

Financial

  • APOD Available: No
  • Gross Operating Income: 134400
  • Gross Expenses: 26636
  • Net Operating Income: 107764

Utilities

  • Hot Water: Natural Gas
  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1890
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown

Other Information

  • MLS ID# 73055051
  • Last Updated: 03/04/23

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Map

Seller's Representative: John Pentore, Horvath & Tremblay
Sub Agent Compensation: 0
Buyer Agent Compensation: 2%
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: Yes

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-03-04 03:05:00

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