MA
Suffolk
Boston
02109
45 Broad St
45 Broad St, Boston, MA 02109
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Listing Type
Multi Family
Listing Status
Active
11
$8,000,000

Home Details for 45 Broad St

Price
$8,000,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
12
Full Bathrooms
9
Half Bathrooms
3
Square feet
13139
Year built
2016
Lot size acres
0.04
County
Suffolk
Total rooms
20
Basement
Full, Finished, Concrete
MLS Listing#
73575427
Property Description

Rare opportunity to acquire a fully utilized, turn-key mixed-use investment property in the heart of Downtown Boston. Notably restored and combined in 2016, 45 Broad Street and 119 Water Street comprise a boutique 11-unit asset featuring nine highly desirable one-bedroom apartments and two prime street-level restaurant spaces. Originally home to large-scale printing operations, the buildings retain distinctive architectural character with high ceilings, oversized windows, exposed structural elements and substantial timber joists throughout. Current ownership completed a comprehensive redevelopment of the properties, creating a stabilized, generational-quality asset with no immediate capital improvements anticipated. All residential units feature central air conditioning, in-unit laundry and high-end finishes, while the two commercial spaces provide additional income and diversification to the rent roll. Ideally positioned just blocks from Boston Harbor, the Rose Kennedy Greenway and Financial District, the property benefits from an exceptional Downtown location, strong residential demand, limited competing inventory and significant barriers to entry for comparable new development. An exceptional opportunity for an investor seeking a stabilized, low-maintenance Boston asset combining durable income, irreplaceable historic character and long-term appreciation potential.

Property Features
  • Basement
    • Full
    • Finished
    • Concrete
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
  • House Interior
    • Ceiling Fan(s)
    • Open Floorplan
  • Heating Information
    • Forced Air
  • Water Features
    • Public
Listing Courtesy: Olde Forge Realty - 617-293-2395
Presented by: Eliott Levine
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Office
617 265 6111
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