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You are here:
Home Massachusetts Boston East Boston Multi-Family Homes for Sale

75 Webster Street Boston, MA 02128
Contingent
Price Reduced $50,000
20 Photos
$1,150,000
3 Unit
5 Beds
3 Baths
2817 SQFT
0.03 Acre
75 Webster Street
Boston, MA 02128
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Property Description

***INVESTMENT OPPORTUNITY*** Well maintained Jeffries Point Three unit investment comprised of (1), 1-bedroom/1-bathroom unit, and (2) 2-bedroom/1-bathroom units. Prominently positioned in the vibrant Jeffries Point neighborhood of East Boston. This Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation's most robust real estate markets. Fully leased with laundry room in the basement, and below market rents. Opportunity to dramatically increase the cash flow by achieving market rents through cosmetic renovations, expansion of living space into the basement, potential roof deck addition and strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, and domestic water and sewer. Closing to take place in January 2025.
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Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 76200
  • Net Operating Income: 58629

Utilities

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

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Brick
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73299591
  • Last Updated: 11/22/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/22/2024Contingent$1,150,000$408MLSPIN
10/25/2024Active$1,150,000$408MLSPIN
10/21/2024Price Change$1,150,000$408MLSPIN
10/11/2024Active$1,200,000$426MLSPIN
10/07/2024New$1,200,000$426MLSPIN

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Map & Resources

Adams Elementary School

Public Elementary School, Grades: PK-6

0.18mi

McKay K-8 School

Public Elementary School, Grades: PK-8

0.24mi

East Boston Early Education Center

Public Elementary School, Grades: PK-1

0.27mi

Alighieri Dante Montessori School

Public Elementary School, Grades: PK-6

0.3mi

East Boston Central Catholic School

Private School, Grades: PK-8

0.34mi

Eddie C's

Bar

0.21mi

Downeast Pop-Up Bar

Bar

0.3mi

Downeast Cider

Bar

0.32mi

Cafe Iterum

Coffee Shop & Sandwich & American (Cafe). Offers: Vegan, Dairy Free, Healthy, Gluten Free, Nut Free, Vegetarian

0.16mi

Eagle Hill Cafe

Coffee Shop

0.34mi

East Boston Farmstand

Cafe

0.35mi

Santa Fe Burrito Grill

Mexican (Fast Food)

0.07mi

Burger King

Burger (Fast Food)

0.15mi

East Boston Neighborhood Health Center

Hospital

0.35mi

MassPort Police

Police

0.14mi

Engine 9 and Ladder 2

Fire Station

0.07mi

Boston Fire Department Marine Unit

Fire Station

0.59mi

ICA Watershed

Museum

0.32mi

ClipArt Gallery

Gallery

0.23mi

Atlantic Works Gallery

Gallery

0.41mi

The Point Barre & Yoga Studio

Fitness Centre. Sports: Yoga

0.05mi

AXL Cycle Studio

Fitness Centre

0.26mi

Paris Street Pool

Swimming Pool. Sports: Swimming

0.36mi

Bremen Street Dog Park

Dog Park

0.42mi

Piers Park Phase 2

Park

0.05mi

Mary Ellen Welch Greenway

Park

0.07mi

Piers Park

State Park

0.09mi

Lewis Street Mall

Municipal Park

0.14mi

Rockies Urban Wilds

Park

0.15mi

Brophy Park

Municipal Park

0.22mi

Southwest Service Area Airport Edge Buffer

Park

0.23mi

Paris St Playground

Playground

0.33mi

TD Bank

Bank

0.21mi

Rockland Trust Bank

Bank

0.24mi

Santander

Bank

0.24mi

Logan Barbershop

Hairdresser

0.1mi

Estefany Unisex Beauty Salon

Hairdresser

0.17mi

809 Barbershop

Hairdresser

0.17mi

First Class

Hairdresser

0.24mi

Illusions Hair Salon

Hairdresser

0.26mi

The T Station Grocery

Convenience

0.15mi

Portside Market & Spirits

Convenience

0.15mi

7-Eleven

Convenience

0.18mi

Bella's Market

Convenience

0.2mi

Square Bites

Convenience

0.22mi

Las Palmas Market

Convenience

0.23mi

Maverick Multiservice & Grocery

Convenience

0.25mi

Los Paisanos Market

Convenience

0.25mi

Sumner St @ Orleans St

120

0.08mi

Sumner St @ Cottage St

120

0.12mi

Maverick St @ Frankfort St

120

0.16mi

Maverick

114
116
117
120
121
Blue

0.17mi

Maverick St @ Cottage St

120

0.19mi

Sumner St @ Lamson St

120

0.26mi

Maverick St @ Lamson St

120

0.29mi

Meridian St @ Havre St

114
116
117
120
121

0.35mi

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Seller's Representative: Giancarlo Tiberi, Core Property Group, LLC
MLS ID#: 73299591

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-11-22 07:26:00

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