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60 E Springfield Street, South EndBoston, MA 02118MLS Number 72440461

  • Price: $5,600,000The price has recently decreased
  • 99 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.17% last updated on 2019-04-18

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

  • 4938Square Feet
  • 0.03Acreage
  • 1910Year Built
  • CIProp Type

Beautiful Corner Brick South End Brownstone for sale with 6 units! 5 Residential units and 1 commercial space occupied by a cafe is available for purchase in completely finished, renovated and operational condition. This building has fantastic potential for a new buyer with a built in clientele of medical tenants at Boston Medical Center right across the street. Fantastic opportunity for short term furnished rentals to maximize profit for the people coming from all over the world for medical attention. Minimal expenses for the owner with all units being heated & cooled by Mitsubishi ductless systems. The commercial space is 5 years into a 10 year lease and pays NNN fees of 40.55% of the buildings expenses.

Listed by Arthur Deych of Red Tree Real Estate

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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

  • Parking Spaces

Building

  • Year Built1910
  • ConstructionBrick
  • Total Units6
  • Total Bldg Sf4938
  • Rsu Units5
  • Reu Units1
  • No Buildings1
  • No Stories4
  • Entry OnlyNo
  • Assessed Value Bldg1863700

Exterior

  • Roof MaterialRubber

Utilities

  • UtilitiesPublic Water, Public Sewer

Photos

  • Photo Date2019-01-14T07:33:00
  • Number of Photos16

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • MLS Number72440461
  • Prop TypeCI
  • Status Date2019-01-14T07:33:00
  • Date Listed01/14/2019
  • List Price$5,600,000
  • Price Per Square Foot$1,134
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeTriple Net Lease (NNN)
  • DirectionACROSS FROM BOSTON MEDICAL CENTER

Location

  • StreetE Springfield Street
  • TownBoston
  • StateMA
  • Zip02118
  • Zip Code 43301
  • CountySuffolk
  • NeighborhoodSouth End
  • LocationDowntown, Highway Access, Public Transportation, Corner Lot, Neighborhood

Property

  • Acreage0.03
  • Space AvailableFor Sale
  • Site ConditionDry
  • Square Feet4938
  • SubletNo
  • Lot Size1331
  • Gross Annual Income229485
  • Assessed Value Land748800
  • Main LoAN0907

Other

  • Modification Date2019-01-18T03:05:00
  • Certificate Number48255
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book59694
  • Listing AgreementExclusive Right to Sell
  • Rsf Bldg Sf2793
  • Ref Bldg Sf2145
  • ExchangeNo
  • Page41
  • View Count34

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