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$9,100,000
Est. payment /mo
32 Beds
31 Baths
16,610 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,610 sqft
Price per Sqft $547
MLS Listing ID 73596404
Bedrooms 32
Full Baths 31
Year Built 2023
Annual Tax Amount $75,522
Tax Year 2027
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 5-9 Family
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
Location
State MA
County Suffolk
Zoning A
Direction Corner building with water views, located in East Boston
Exterior
View Y/N Yes
View City View(s)
Total Parking Spaces 13
Garage No
Building
Lot Description Corner Lot, Level
Story 5
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Carl Christie
NEARBY SCHOOL & BUSINESS
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