Exceptional turnkey investment opportunity in South Boston. 33??39 Ward St is a modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.0% cap rate based on current in-place income. 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 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/ upside to market rents in one of Bostons most supply-constrained, high-demand submarkets. Buyer's agents compensated.
Listed By
Agency Name: Douglas Elliman Real Estate - Easter Entwistle Advisors
Agency Phone: 617-812-1821
Agent Name: Easter Entwistle Advisors
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 32,649.86 per month $23,346.19 Principal & Interest $6,244.08 Property Tax $3,059.58 Homeowner's Insurance
33-39 Ward St. | MLS# 73474378
This multi-family property located at 33-39 Ward St., Boston, MA 02127 is currently listed for sale with an asking price of $10,490,000. Search Boston real estate on www.masiellogrouprealestate.com today.