16 Norwell St Boston MA 02121 MLS #73332417

16 Norwell St
Boston, MA, 02121
$1,149,000
8 Beds
3 Baths
2,627 SqFt
0.04 Acres
$1,149,000
16 Norwell St
Boston, MA, 02121
Are you looking to build equity through cosmetic improvements and generate consistent rental income along the way? This Row-End three-family is a fantastic investment opportunity! Featuring one 2-bedroom apartment and two 3-bedroom apartments, this property offers you versatility, and potential long-term value. Each of the units has accommodating living space with well-appointed kitchens, and updates that the blend modern conveniences with the timeless charm expected of an 1890 build. The solid brick exterior offers durability and low maintenance, while the property’s location provides quick access to public transportation, shopping, and dining. Newer Electrical, Updated Bathrooms & Kitchens, 3 New Hot Water Tanks, 2 New Boilers and Coin Op Laundry located in the basement. Each apartment is separately metered and has received a Lead Inspector’s Letter of Compliance!

Property Details

Price:
$1,149,000
MLS #:
73332417
Status:
Active
Beds:
8
Baths:
3
Address:
16 Norwell St
Type:
Multi Family
Subtype:
3 Family
City:
Boston
Listed Date:
Feb 5, 2025
State:
MA
Finished Sq Ft:
2,627
Total Sq Ft:
2,627
ZIP:
02121
Lot Size:
1,657 sqft / 0.04 acres (approx)
Year Built:
1890
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile

Exterior

Community Features
Public Transportation, T- Station, Sidewalks
Construction Materials
Brick
Exterior Features
Garden
Roof
Rubber

Financial

Net Operating Income
$83,484
Tax Year
2024
Taxes
$9,349
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Lamacchia Realty, Inc.. 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.
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16 Norwell St
Boston, MA