Skip To Content

272-274B Meridian

Boston, MA 02128
  • $2,399,500
  • STATUS: Active
  • MLS #: 73289670
$2,399,500
  • 11
    BEDS
  • 0.06
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,912
    SQFT
  • $824
    $/SQFT
Neighborhood:
East Boston's Eagle Hill
Type:
Multi-Family
Built:
1899
County:
Suffolk
Area:
East Boston's Eagle Hill

School Ratings & Info

Visit GreatSchools.org
Listing courtesy of Brian Rivas of Carlton's Wharf & Co..

Description

Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston's Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!

Monthly Payment Calculator



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. Data last updated 2024-10-08T00:03:40.85.
www.judymoynihan.com/homes/155110110
Print Image

272-274B Meridian Boston, MA 02128

  • Price: $2,399,500
  • Status: Active
  • On Site: Days
  • MLS #: 73289670
11
Beds
5
Baths
0
½ Baths
0.06
Acres
2,912
SQFT
$824
$/SQFT
1899
Built
Neighborhood:
East Boston's Eagle Hill
County:
Suffolk
Area:
East Boston's Eagle Hill
Property Description
Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston's Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!
Exterior Features

Construction Materials FrameBrickStone Covered Spaces 0 Exterior Features Varies per Unit Garage YN No Lot Features Corner LotGentle SlopingLevel Open Parking YN Yes Parking Features On Street Parking Total 0 Patio And Porch Features Patio - Enclosed Road Frontage Type Public Roof Rubber Spa YN No Waterfront YN No

Interior Features

Basement FullInterior EntryConcrete Building Area Total 2912 Fireplace YN No Fireplaces Total 0 Flooring TileVinylVariesHardwood Foundation Details Concrete Perimeter Lead Paint Unknown Rooms Total 19

Property Features

Community Features Public TransportationShoppingHighway AccessPublic SchoolT-Station Disclosures Buyer to perform due diligence on zoning. #2 is a 3 BD/1 BTHcurrently vacant (rent comps $3000-$3300/month). Current gross income includes vacancy for #2. Financials to be delivered upon request. Utility room accessed through barbershop. This is a legal three-family plus commercial. Electric Varies per Unit Gross Income 183000 Home Warranty YN No Net Operating Income 183000 Property Sub Type 4 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 16953 Tax Year 2024 Total Actual Rent 15250 Water Source Public Year Built Details ActualRenovated Since Zoning 0

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Brian Rivas of Carlton's Wharf & Co.: 617-418-5222.


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. Data last updated 2024-10-08T00:03:40.85.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_73289670_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_73289670_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_73289670_2.jpg
Logo
Judy Moynihan | Century 21 North East
2 Manor Parkway
Salem NH, 03079
Listing courtesy of Brian Rivas of Carlton's Wharf & Co..