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323 W 4th, South BostonBoston, MA 02127MLS Number 72405947

  • Price: $2,999,000The price has recently decreased
  • Est. Mortgage of $/month
  • 46 Days on Market
Print
Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.94% last updated on 2018-11-15

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

  • 12Bedrooms
  • 6Bathroom
  • 4863Square Feet
  • 0.06Acreage

323 W 4th is a brand new ground-up construction apartment building located in one of the most sought after sections of South Boston. The property is fully-occupied and comprised of (3) four-bedroom / two-bathroom units. The apartments feature spacious open floor plans and are fully equipped with luxury appointments. The asset also includes garage parking that accommodates 4 vehicles and on-site bicycle storage. Currently, the building generates a robust $17,200 per month or $206,400 annually (5.35% Cap Rate) making it a true turn-key investment. 323 W 4th is a versatile offering that bodes well as a long term rental property or a condominium conversion play. South Boston continues to be one of New England's strongest real estate markets and investors will be able to take advantage of the tremendous rent growth and property appreciation this area continues to experience year after year.

Listed by Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services

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

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Driving Directions

Marsh Properties

Your Local Office

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

Office: (617) 716-0240

More Info

Parking

  • Garage Spaces4
  • Parking Spaces4

Building

  • Year Built2015
  • Bathroom6
  • Full Baths6
  • Bedrms 14
  • Bedrms 24
  • Bedrms 34
  • Bedrooms12
  • Total Brs12
  • Rms 18
  • Total Fbh6
  • Rms 28
  • Total Flrs6
  • Rms 38
  • Total Levels3
  • No Units3
  • No Rooms24
  • Total Rms24
  • Total Rooms24
  • Levels4
  • Levels 11
  • Levels 21
  • Levels 31
  • BasementNo
  • FoundationOther (See Remarks)
  • DirectionGPS
  • Lead PaintNone

Basic Information

  • StatusUAG
  • Property Type3 Family
  • Date Listed10/04/2018
  • List Price$2,999,000
  • Price Per Sq Ft$617
  • Status Date2018-11-15T14:28:00
  • Ant Sold Date2018-12-21T00:00:00
  • MLS Number72405947

Interior

  • Col Dscrp 3Central Air
  • Col Dscrp 1Central Air
  • Col Dscrp 2Central Air
  • F Bths 22
  • F Bths 12
  • F Bths 32
  • Flrs 11
  • Flrs 22
  • Flrs 33

Utilities

  • WaterCity/Town Water
  • SewerCity/Town Sewer

Other

  • Year Built DescrpActual
  • Apod AvailableYes
  • Noi160500
  • View Count6

Location

  • Street Num323
  • Building Number323
  • StreetW 4th
  • TownBoston
  • StateMA
  • Zip02127
  • NeighborhoodSouth Boston
  • CountySuffolk

Property

  • Acreage0.06
  • Lot Size2585
  • Square Feet4863
  • Lease 1Y
  • Lease 2Y
  • Lease 3Y
  • Lot DescriptionOther (See Remarks)
  • Rent35400
  • Rent25300
  • Rent15400
  • Total Rent17200
  • Assessments2095300
  • Main LoAN1252

Water Body

  • WaterfrontNo
  • BeachfrontYes

Photos

  • Number of Photos8
  • Photo Date2018-10-04T16:41:00
  • Prop TypeMF

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