Unit Information
Exceptional investment opportunity in the heart of South Boston! Situated on highly desirable East Broadway, this fully leased four-family property generates an impressive $186,300 in annual rental income, offering investors an attractive opportunity with a cap rate approaching 6%! Renovated in 2020, the property features approximately 3,435 square feet of living space across four residential units, providing immediate rental income. Location is everything, and this property delivers! Just minutes from the Seaport District, Downtown Boston, Financial District, South Boston Waterfront, Castle Island, Carson Beach, and the South End. Enjoy easy access to some of Boston's most popular restaurants, cafés, shops, nightlife, and major employment hubs, along with convenient connections to I-93, I-90, and public transportation. Its proximity to Boston's thriving business districts, waterfront attractions, and neighborhood amenities makes it especially appealing in South Boston's competitive rental market. Combining a prime location, recent renovations, strong rental income, and long-term appreciation potential, 510 East Broadway presents a rare opportunity to acquire a turnkey, income-producing asset in one of Boston's most desirable neighborhoods!
- Additional Details
- Status: New
- Type: Multi-Family, Quadruplex
- Area: South Boston
- Zip Code: 02127
- Levels: 3
- Parking
- Parking: Off Street,On Street
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 3
- Total Rooms: 17
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$2,449,900
- Status: New
- Listing ID: 73595738
- Bedrooms: 8
- Full Baths: 5
- Living Area: 3,435 sqft Convert
- Lot Size: 3,740 sqft Convert
- Acres: 0.09
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |