225 London St. Boston MA 02128 MLS #73310600

225 London St.
Boston, MA, 02128
$999,900
3 Beds
2.5 Baths
2,454 SqFt
0.02 Acres
$999,900
225 London St.
Boston, MA, 02128
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. Unit 2 leased thru 4/30/25, Unit 3 is TAW, 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 Details

Price:
$999,900
MLS #:
73310600
Status:
Pending
Beds:
3
Baths:
2.5
Address:
225 London St.
Type:
Multi Family
Neighborhood:
East Boston
City:
Boston
Listed Date:
Nov 7, 2024
State:
MA
Finished Sq Ft:
2,454
Total Sq Ft:
2,454
ZIP:
02128
Lot Size:
1,080 sqft / 0.02 acres (approx)
Year Built:
1935
Units:
3

Schools

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Heating
Electric

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Private School, Public School, T- Station
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$99,600
Tax Year
2024
Taxes
$999,999
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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 Century 21 North East. 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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225 London St.
Boston, MA