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Key Details
Sold Price $2,025,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,649 sqft
Price per Sqft $435
MLS Listing ID 73018246
Sold Date 09/15/22
Bedrooms 10
Full Baths 5
Year Built 1890
Annual Tax Amount $12,190
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Description
8 Parker Street is a turn-key 3-unit investment property located in Charlestown's Sullivan Square neighborhood of Boston. The building is fully rented into 2023 and generates a substantial $11,650 per month which then increases to $11,850 a month starting 9/1/22. The property is comprised of (2) four-bedroom / two-bath units and (1) two-bedroom / 1-bath unit. The apartments feature renovated kitchens and bathrooms, hardwood flooring, A/C, in-unit laundry and off-street parking. Other building improvements include new electrical service, new exterior paint job, updated common areas and rear decking. This location is a commuter's dream as it has direct I-93 highway access and sits steps to the MBTA Orange line and public Bus Depot. Tenants benefit from the endless dining, shopping, and entertainment options of Assembly Square and Boston's Encore Casino.
Location
State MA
County Suffolk
Area Charlestown'S Sullivan Square
Zoning R3
Direction GPS
Rooms
Basement Full, Partially Finished
Interior
Cooling Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
Exterior
Exterior Feature Balcony
Community Features Public Transportation, Shopping, Highway Access, T-Station
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Other
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Adam Mundt • Kingston Real Estate & Management