75 Webster Street Boston MA 02128 MLS #73299591

75 Webster Street
Boston, MA, 02128
$1,150,000
5 Beds
3 Baths
2,817 SqFt
0.03 Acres
$1,150,000
75 Webster Street
Boston, MA, 02128
***INVESTMENT OPPORTUNITY*** Well maintained Jeffries Point Three unit investment comprised of (1), 1-bedroom/1-bathroom unit, and (2) 2-bedroom/1-bathroom units. Prominently positioned in the vibrant Jeffries Point neighborhood of East Boston. This Property presents a unique opportunity to acquire a fully leased core asset in an exceptional urban-infill location within one of the nation’s most robust real estate markets. Fully leased with laundry room in the basement, and below market rents. Opportunity to dramatically increase the cash flow by achieving market rents through cosmetic renovations, expansion of living space into the basement, potential roof deck addition and strategic lease renewals. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for common area electric, and domestic water and sewer. Closing to take place in January 2025.

Property Details

Price:
$1,150,000
MLS #:
73299591
Status:
Active Under Contract
Beds:
5
Baths:
3
Address:
75 Webster Street
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
East Boston’s Jeffries Point
City:
Boston
Listed Date:
Oct 7, 2024
State:
MA
Finished Sq Ft:
2,817
Total Sq Ft:
2,817
ZIP:
02128
Lot Size:
1,100 sqft / 0.03 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
Parking Features
On Street

Financial

Net Operating Income
$58,629
Tax Year
2024
Taxes
$11,022
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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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75 Webster Street
Boston, MA