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You are here:
6 Days on Boston Pads
10 Photos
$999,900
3 Unit
3 Beds
3 Baths
2454 SQFT
0.02 Acre
225 London St.
Boston, MA 02128

Property Description

Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Units 2 and 3 are Tenants at Will, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property’s overall value and appeal. Located just a 15-minute walk from the MBTA’s Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. SOLD "AS IS"!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Partially Finished
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 99600
  • Net Operating Income: 99600

Utilities

  • Utility Connections: for Gas Range
  • 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: 1935
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73310600
  • Last Updated: 11/12/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/11/2024Active$999,900$407MLSPIN
11/07/2024New$999,900$407MLSPIN
11/17/2023Sold$700,000$285MLSPIN
10/19/2023Under Agreement$775,000$316MLSPIN
10/05/2023Contingent$775,000$316MLSPIN
09/23/2023Active$775,000$316MLSPIN
09/19/2023New$775,000$316MLSPIN
09/07/2023Expired$865,000$352MLSPIN
08/08/2023Active$865,000$352MLSPIN
08/04/2023Extended$865,000$352MLSPIN
07/02/2023Active$865,000$352MLSPIN
06/28/2023Price Change$865,000$352MLSPIN
06/10/2023Active$927,000$378MLSPIN
06/06/2023New$927,000$378MLSPIN

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Map & Resources

Otis Elementary School

Public Elementary School, Grades: PK-6

0.1mi

O'Donnell Elementary School

Public Elementary School, Grades: PK-6

0.2mi

Mario Umana Academy

Public Elementary School, Grades: PK-8

0.3mi

Alighieri Dante Montessori School

Public Elementary School, Grades: PK-6

0.31mi

Kennedy Patrick J Elementary School

Public Elementary School, Grades: PK-6

0.33mi

East Boston High School

Public Secondary School, Grades: 7-12

0.36mi

East Boston Central Catholic School

Private School, Grades: PK-8

0.36mi

Excel Academy Charter High School

Charter School

0.43mi

Bilares

Bar

0.12mi

Eddie C's

Bar

0.44mi

Sweet BoBa

Bubble Tea (Cafe)

0.18mi

The Well

Coffee Shop

0.25mi

East Boston Farmstand

Cafe

0.3mi

Eagle Hill Cafe

Coffee Shop

0.31mi

¡que arepa!

Venezuelan (Fast Food)

0.13mi

Dunkin'

Donut & Coffee Shop

0.16mi

Massachusetts State Police Troop F

Police

0.37mi

Massachusetts State Police Troop F

Police

0.39mi

Boston Fire Department Engine 5

Fire Station

0.37mi

Engine 9 and Ladder 2

Fire Station

0.54mi

East Boston Neighborhood Health Center

Hospital

0.26mi

Veronica Robles Cultural Center

Music Venue

0.19mi

Atlantic Works Gallery

Gallery

0.41mi

Paris Street Pool

Swimming Pool. Sports: Swimming

0.22mi

America Soccer Store

Sports Centre. Sports: Soccer

0.03mi

James A. Sartori Stadium

Sports Centre. Sports: American Football, Track

0.39mi

Beacon Hill Athletic Clubs

Fitness Centre

0.18mi

East Boston YMCA

Fitness Centre. Sports: Fitness

0.2mi

AXL Cycle Studio

Fitness Centre

0.39mi

Albert Bertulli Park

Municipal Park

0.18mi

Bremen Street Park

Park

0.19mi

East Boston Memorial Park

Municipal Park

0.25mi

Meridian-London Triangle

Park

0.25mi

Mary Ellen Welch Greenway

Park

0.25mi

Decatur and Meridian Park

Municipal Park

0.27mi

Veterans Park

Municipal Park

0.32mi

London Street Park

Park

0.33mi

Central Park Lanes Bowling Center

Bowling Alley

0.14mi

Paris St Playground

Playground

0.23mi

Rockland Trust Bank

Bank

0.13mi

Chase

Bank

0.16mi

Citizens Bank

Bank

0.16mi

Rockland Trust Bank

Bank

0.39mi

Santander

Bank

0.4mi

TD Bank

Bank

0.44mi

Gaby Teran Beauty Salon

Beauty

0.04mi

East Barbershop

Hairdresser

0.05mi

Walgreens

Pharmacy

0.16mi

CVS Pharmacy

Pharmacy

0.24mi

BD's Discount Furniture

Furniture

0.24mi

Marshalls

Department Store

0.25mi

El Valle de la Sultana Market

Supermarket

0.08mi

Sava's Market

Supermarket

0.14mi

Shaw's

Supermarket

0.22mi

East Boston Corner Market

Convenience

0.02mi

Bennington St @ Marion St

120

0.02mi

Bennington St @ Marion St

120

0.02mi

Bennington St @ Brooks St

120

0.12mi

Bennington St @ Porter St

120

0.14mi

Bennington St @ Porter St

120

0.14mi

Bennington St @ Brooks St

120

0.14mi

Lexington St @ Marion St

121

0.16mi

Lexington St @ Marion St

121

0.17mi

Seller's Representative: Diana Franco, Century 21 North East
MLS ID#: 73310600

© 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 2024-11-12 08:11:00

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