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1-4 Schrepel Place, Boston, MA 02127

$5,750,000
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New to the Market Active
BEDS20 BATHS12 full SQUARE FEET11,070 MLS#73579555
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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 Bostons 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.

1-4 Schrepel Place | MLS# 73579555

This multi-family property located at 1-4 Schrepel Place, Boston, MA 02127 is currently listed for sale with an asking price of $5,750,000. Search Boston real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Heating: Electric
Lot Size: 0.15 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $54,494
Year Built: 1920

Feature Descriptions

Building Area Total: 11070
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 5+ Family - 5+ Units Side by Side
Electric: Individually Metered
Exterior: See Remarks
HeatingY/N: 1
Lot Features: Other
Parking Features: Off Street
Parking Total: 8
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 44
Sewer: Public Sewer
Units: 12
Water: Public
Waterfront Features: Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)

Listed By / Shown By

Listed By

Agency Name: Horvath & Tremblay
Agent Name: Kelleher - Pentore Team
Agency Phone: 781-776-4000

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Estimated Payment

$ 19,015.26 per month $12,797.01 Principal & Interest $4,541.17 Property Tax $1,677.08 Homeowner's Insurance

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