SQUARE FEET16,389
MLS#73474379
STATUSPending
PROPERTY TYPECommercial - Investment
Property Description
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 Andrew Station (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. Buyers agents compensated
Property Features
Property Type: Commercial - Investment
Lot Size: 0.14 Acres
Roof Type: Rubber
Taxes: $74,929
Year Built: 2021
Feature Descriptions
Building Area Total: 16389
Business Type: 5+ Residential
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: 74
Rental Term: Monthly
Utilities: Public Water
Listed By / Shown By
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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33-39 Ward St. | MLS# 73474379
This commercial property located at 33-39 Ward St., Boston, MA 02171 is currently listed for sale with an asking price of $10,490,000. Search Boston real estate on www.masiellogrouprealestate.com today.