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229 Kelton StreetBoston, MA 02134MLS Number 72260039

  • Price: $500,000The price has recently decreased
  • 178 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-12-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • BuildingLease Price Includes
  • 229Street No
  • AUnit No
  • 1No Buildings

229A Kelton Street is a single tenant NNN laundromat for sale in the Allston neighborhood of Boston. A laundromat has been in continual operation since 1984 as a pre-existing use. The grandfathered-in opportunity provides user-buyers a long track record of success and investors an insulated business use in a high barrier to entry market. Kelton Street Laundry recently signed a new seven year lease which investors can take advantage of a 21% rent increase in March of 2018 and 2% annual increases thereafter. This opportunity also provides user-buyers an excellent source of steady cash flow prior to taking over the space to implement their business plan.

Listed by Michael d'Hemecourt of Boston Realty Advisors

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Call: 617-716-0240 or send a message:

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Driving Directions

Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

More Info

Basic Information

  • List Price$500,000
  • StatusACT
  • Year Built SourcePublic Record
  • Lease TypeNet Lease
  • Lease Price IncludesBuilding
  • LeaseNo
  • Date Listed11/30/2017
  • DirectionResidential corner of Kelton Street and Woodstock Avenue only steps from the Allston Street T Stop.
  • MLS Number72260039
  • Status Date2018-05-01T08:26:00

Other

  • Modification Date2018-05-05T04:05:00
  • Property TypeCommercial Condo
  • Listing AlertNo
  • DisclosureNo
  • Book1
  • Listing AgreementExclusive Right to Sell
  • Prop TypeCI
  • Ref Bldg Sf1160
  • ExchangeNo
  • Firm Rmk1Ideally situated on the residential corner of Kelton Street and Woodstock Avenue, less than 0.25 miles from the Allston Street Green Line T Stop providing direct access to Downtown Boston. This offering is being sold on an unpriced basis as the list price
  • Page1

Location

  • Street No229
  • Unit NoA
  • Building Number229
  • StreetKelton Street
  • Zip02134
  • StateMA
  • CountySuffolk
  • LocationUrban
  • TownBoston

Utilities

  • UtilitiesPublic Water, Public Sewer

Photos

  • Photo Date2017-11-30T15:11:00
  • Number of Photos3

Building

  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg217000
  • Reu Units1

Property

  • Parking Spaces
  • Space AvailableFor Sale
  • SubletNo
  • Main LoNB9260

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