Femion Mezini's Blog
This Multi-Family in Boston, MA recently sold for $5,775,000. This style home was sold by Femion Mezini - Buyers Brokers Only, LLC.
202-206 H Street, Boston, MA 02127
Greater Metropolitan Real Estate is pleased to present this EXTREMELY RARE 9 UNIT investment property on the EAST SIDE of South Boston. The asset is comprised of three attached side by side 3-Families giving investors the opportunity to acquire 9 units at once, while utilizing residential financing. Prime location, just a 9-Iron chip shot away from the beach. The property features a very lucrative unit mix currently consisting of 30 bedrooms. (3) 2-level 4-bedroom apartments and (6) 3-bedroom apartments. All units have been recently renovated with hardwood floors, granite countertops, stainless steel appliances, and partial WATER VIEWS, etc. The massive, shared backyard and patio spans the length of the entire property giving this building a very unique amenity. There is VALUE-ADD potential in all three of the 4-bed duplex apartments (ask broker). STUNNING RENT ROLL averaging $32,500 per month the last three years and projected to reach or beat $33,000 per month or $396,000 per year.