MA
Suffolk
Boston
02129
83 High Street
83 High Street, Boston, MA 02129
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Listing Type
Multi Family
Listing Status
Active
33
$1,950,000

Home Details for 83 High Street

Price
$1,950,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
3
Full Bathrooms
3
Square feet
3525
Year built
1880
Lot size acres
0.03
County
Suffolk
Total rooms
17
Basement
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
MLS Listing#
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 3-unit dwelling is a prime investment or condo-conversion opportunity. Unit 1: this special 2BR/1BA unit features a private entrance, and spans 1000sf with a sun-drenched living/dining room. Units 2 and 3 each offer 1050sf, 3BR/1BA 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.

Property Features
  • Basement
    • Full
    • Walk-Out Access
    • Interior Entry
    • Concrete
    • Unfinished
  • Heating Information
    • Natural Gas
    • Forced Air
    • Baseboard
    • Zoned
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • On Street
School Information
School Information for 83 High Street, Boston, MA 02129
Elementary School
Bps
Middle School
Bps
High School
Bps
Listing Courtesy: Gibson Sotheby's International Realty - 617-242-4222
Presented by: Nancy Roth
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Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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