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Boston, MA 501 East Broadway, South Boston

501 E Broadway, Boston, MA 02127, USA
$3,500,000

Description

INVESTOR ALERT….A rare find in a hot location. This LEGAL 12 studio unit building has had continue upkeep throughout the years. With new furnace and hot water tanks installed in February, this property is fully compliant with all Boston Housing and Massachusetts Building Code. Camera Security exterior. Roof 8 years old. Each Unit has a private bath along with a kitchen and sleeping space. Fully occupied the current rents are below market rate. A smart investor, providing modern upgrade is easily capable to realize a reasonable increase in rents to create a most reasonable return on this investment. Located in the very heart of South Boston on East Broadway steps to the shops, restaurants, taverns, bus stops. Very short distance to the beaches & parks… Walk Score of 92. Close to the booming Seaport and Fort Point neighborhoods of South Boston. Showings will need to be scheduled in advance and only for those very qualified investors. Email list agent for additional details

Listed by Conway & Associates and Dennis M. Conway of Olde Towne Real Estate Co., Inc

  • Address: East Broadway, 501
  • City: Boston
  • State/county: MA
  • Zip/Postal Code: 02127
  • Neighborhood: South Boston
  • Country: United States

Detail

Updated on February 17, 2019 at 8:51 pm

  • Property ID: 72266311
  • Price: $3,500,000
  • Property Size: 4906 Sq Ft
  • Bedrooms: 12
  • Bathrooms: 12
  • Year Built: 1890
  • Property Type: Multi-Family 5+ Family - 5+ Units Up/Down
  • Property Status: For Sale

Additional details

  • Status : ACT
  • Date Listed: 12/28/2017
  • List Price: $3,500,000
  • Lot Description: Zero Lot Line
  • Status Date: 2018-03-20T11:16:00
  • Year Built Descrp: Actual
  • Acreage: 0.05
  • Lot Size: 2206
  • Lease 1: N
  • Lease 2: N
  • Assessments: 2109000
  • Total Rent: 16410
  • Main Lo: BB9212
  • Junior High: Bps
  • Elementary School: Bps
  • High School: Bps
  • Utility Connections: for Gas Oven
  • Sewage District: bwsc
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Total Brs: 12
  • Total Fbh: 12
  • Terms Feature: Contract for Deed
  • Total Flrs: 1
  • Lead Paint: Unknown
  • Levels 1: 1
  • Levels: 4
  • Rms 1: 1
  • No Units: 12
  • No Rooms: 1
  • Construction: Frame
  • Basement : No
  • Bedrsm 1 : 1
  • Total rooms: 1
  • Total levels: 1
  • Total Rms: 12
  • Foundation: Granite
  • Foundation size : 20x75
  • Direction: East Broadway between Dorchester St. ( Perkins Square ) & G Street
  • F Bths 1: 1
  • Flrs 1: 1
  • Flooring: Wood
  • Roof Material: Rubber
  • Color : Grey
  • Exterior: Clapboard, Shingles
  • Exterior Features: Deck
  • Waterfront: No
  • Beachfront : Yes
  • Beach Description: Bay
  • Miles to beach: 1/10 to 3/10
  • Beach Ownership: Public
  • Taxes: $22,334
  • Zoning: 112
  • Tax Year: 2016
  • Year Round : Yes
  • Apod Available: No
  • Parcel Number : 601995000
  • View Count: 88
  • Number of Photos: 1
  • Photo Date: 2017-12-28T11:17:00
  • Prop Type: MF

Floor plans

First Floor

  • Size: 1267 Sqft
  • Rooms: 670 Sqft
  • Baths: 530 Sqft
  • Price: $1
Floor Plan

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Second Floor

  • Size: 1345 Sqft
  • Rooms: 543 Sqft
  • Baths: 238 Sqft
  • Price: $1
Floor Plan

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Contact info

Dennis M. Conway
Dennis M. Conway
617-822-0300617-980-2468

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