$5,300,000
577 Massachusetts Ave
Boston, MA, 02118
Don’t miss this rare opportunity to own a gut-renovated four-family investment property in Boston’s coveted South End. This historic brick row house features four never-lived-in units, offering the potential to achieve superior rents. The building includes two 2-bed/1-bath apartments, one 2-bed/2-bath apartment, and a massive 3 bed/2.5-bath penthouse duplex, with an additional loft level. Extensive renovations, featuring brand new utilities and mechanical systems, provide investors with the assurance that their property is well-equipped for long-term success. Private outdoor space, in-unit laundry, and central heating and cooling make this property stand out among comparable rental options. An easy condo-conversion alternative also provides investors with the option to sell as condos in the future. Ideally located near universities, public transportation, and the city’s best amenities, 577 Mass Ave is truly a prime investment opportunity.
Property Details
Price:
$5,300,000
MLS #:
73308669
Status:
Active
Beds:
9
Baths:
6.5
Address:
577 Massachusetts Ave
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
South End
City:
Boston
Listed Date:
Nov 1, 2024
State:
MA
Finished Sq Ft:
5,435
Total Sq Ft:
5,435
ZIP:
02118
Lot Size:
2,350 sqft / 0.05 acres (approx)
Year Built:
1920
Units:
4
Schools
Interior
Appliances
Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Freezer, Washer, Dryer, Range Hood
Bathrooms
6 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Central, Natural Gas
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame, Brick, Stone
Exterior Features
Balcony/ Deck
Parking Features
On Street
Roof
Shingle, Rubber
Financial
Tax Year
2024
Taxes
$23,756
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 AJM Group 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.
577 Massachusetts Ave
Boston, MA
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