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$1,850,000
Total Beds: 10 Total Baths: 6
Total Units: 6 SQFT: 5324
LOT size: 0.08 Acres
66 & 68 Trenton Street
Boston, MA 02128

Property Description

66 & 68 Tremont Street are two adjacent brick multifamily properties located in the Eagle Hill neighborhood of East Boston. The opportunity gives an investor the chance to acquire 6 units in a very supply-constrained market that continues to show strong year over year growth. The buildings are fully-occupied and present significant upside in the rental income through apartment upgrades. East Boston is a transformative market that continues to develop quickly and provides residents a multitude of amenities. Trenton Street lies within a half mile of Logan Airport and the Airport Blue line stop as well as Maverick Square.

Property Details

Building Information

  • Total Units: 6
  • Total Rent: 9665
  • Total Floors: 3
  • Levels: 3
  • Total Rooms: 8
  • RMS: 21
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 115980
  • Gross Expenses: 32949
  • Net Operating Income: 83031

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 1730
  • Under Lease: No
  • Rooms: 4
  • Floors: 1
  • Bedrooms: 2
  • Full Baths: 1
  • Levels: 1

Unit 2 Description

  • Rent: 1700
  • Under Lease: No
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 2
  • Full Baths: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Concrete Block
  • Roof Material: Rubber
  • Lead Paint: Unknown

Other Information

  • MLS ID# 72788475
  • Last Updated: 03/02/21

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