83 High Street, Boston, MA, 02129 (Off Market)

For Sale, USD 1,950,000


83 High Street, Boston, MA, 02129,

Property Type : Other Residential

Property Style : N/A

Build Size : 3,525 ft² / 327 m²

Land Size : 1,306 ft² / 121 m² Convert Land Size

Bedroom : 8

Bathroom : 3

Half Bathroom : 0

MLS#: 73515341


Property Description

Well located on High Street, this rarely available, solid, three-family building is just a few blocks from Monument Square and close to town center shops, restaurants and transportation. Investors, developers: this three-unit dwelling is a prime investment or condo-conversion opportunity. Unit 1: this special two bedroom/1 bath unit features a private entrance, and spans 1000sf with a sun-drenched living/dining room. Units 2 and 3 each offer 1050sf, three bedroom/1 bath floor plates of bright living space with great entertaining flow. An unfinished basement with 1189sf offers potential for future development and features direct street access and four large windows. A large common roof deck with panoramic skyline/city views completes the building. All three units currently leased with a 5% cap rate at the current rent roll. Significant NOI upside, projected to exceed a 6.25% cap rate, through market-rate lease renewals. Two leases coming up.
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83 High Street, Boston, MA, 02129, United States,Massachusetts,Boston is a 3,525ft² Boston luxury Other Residential listed for sale USD 1,950,000. This high end Boston Other Residential is comprised of 8 bedrooms and 3 baths. Find more luxury properties in Boston or search for luxury properties for sale in Boston.