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425 Border, Boston, MA 02128

$9,100,000
•
  • 32

    bed

  • 31

    bath

  • 16,610

    Sqft ($548/Sqft)

Multi-family for sale 27 hours

About 425 Border

Property type Multi-family
Neighborhood
Year built 2023
HOA fee $0/month
Lot size 5,243 Sqft
Movoto estimate
Property description
425 Border St. is a boutique apartment building located in East Boston. Built in 2023, the corner building consists of sixteen (16) residential units. The luxury, condominium-quality residences feature high-end kitchens and bathrooms, in-unit washer/dryers, elevator access, and garage parking. The building also offers both public and private roof decks with spectacular water and skyline views. Ten (10) of the sixteen (16) units offer water views. The property is fully leased and generating strong existing cash flow. Offered below replacement cost, 425 Border Street represents an attractive opportunity for investors seeking a 1031 exchange property and/or a potential future condominium exit strategy. The property provides investors with the opportunity to acquire a turnkey investment asset in one of Boston’s established residential neighborhoods. SEE FIRM REMARKS FOR ADDITIONAL INFORMATION
Listed by
Listing Agent - Carl Christie
Listing Office - Carl Christie
Source: MLS Property Information Network, Inc. mls logo
MLS#73596404 • last updated 1 day ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
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Overview
Levels/Style 5, 5
MLS # 73596404
Type Residential Income
Status Active
SubType 5-9 Family
SqFt 16610
Lot Size (SqFt) 5243
Lot Size (Acres) 0.12
Annual Property Tax 75522.36
Year Built 2023
Interior
Total # of Bathrooms 31
# Full Baths 31
Total # of Bedrooms 32
Total # of Rooms 48
Exterior
Foundation Concrete Perimeter
# Parking Spaces 13
Lot Desc Corner Lot, Level
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
View City View(s)
County Suffolk
Zoning A
APN 1330409
Directions Corner Building With Water Views, Located In East Boston
Multifamily Details
Net Operating Income 79800
Total Actual Rent 6650
Gross Income 79800
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