272-274B Meridian Boston MA 02128 MLS #73289670

272-274B Meridian
Boston, MA, 02128
$2,295,000
11 Beds
5 Baths
2,912 SqFt
0.06 Acres
$2,295,000
272-274B Meridian
Boston, MA, 02128
Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston’s Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw’s, Kappy’s Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!

Property Details

Price:
$2,295,000
MLS #:
73289670
Status:
Active
Beds:
11
Baths:
5
Address:
272-274B Meridian
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
East Boston’s Eagle Hill
City:
Boston
Listed Date:
Sep 12, 2024
State:
MA
Finished Sq Ft:
2,912
Total Sq Ft:
2,912
ZIP:
02128
Lot Size:
2,534 sqft / 0.06 acres (approx)
Year Built:
1899
Units:
5

Schools

Interior

Bathrooms
5 Full Bathrooms
Flooring
Tile, Vinyl, Varies, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Highway Access, Public School, T- Station
Construction Materials
Frame, Brick, Stone
Exterior Features
Varies per Unit
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$183,000
Tax Year
2024
Taxes
$16,953
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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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272-274B Meridian
Boston, MA