Luxury Real Estate Group Boston > Ludlow > 287 East Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

287 East Street

Ludlow, MA

Property Description

Exceptional 11-unit mixed-use investment property featuring a 3-storefront mixed-use building w/5 residential apartments above, a renovated Two-Family, and an updated Single-Family home all on one lot w/plenty of parking & great location. The mixed-use building offers newer roof (’21), updated façade/mechanicals, full basements, 3 store front units and 5 residential apartments w/long-term tenants. The Two-Family includes updated kitchens/baths, enclosed porches, separate utilities, newer roof (APO ±4 yrs), newer hot water tanks, and American Standard FHA gas units (’20/’21). The Single-Family features vinyl siding, updated roof, FHA gas heat (’18/’19), Rheem HW tank (’21), and updated kitchen/bath. Strong rental history with several recent upgrades across the units. Income-producing with upside—current NOI approx. $95K+/yr with stabilized potential around $119K+/yr per owner. Fantastic opportunity to own a turn-key, mixed-use cash-flow asset with proven performance and room to grow!

offered at

$2,000,000

  • Listing ID: 73456912
  • Bedrooms: 14
  • Full Baths: 8
  • Half Baths: 3
  • Living Area: 10,107 sqft Convert
  • Lot Size: 16,117 sqft Convert
  • Acres: 0.37

Additional Details

Type: Multi-Family, 5-9 Family

Zip Code: 01056

Levels: 4

Parking

Garage Capacity: 12

Parking: Paved Drive, Off Street, Paved

Parking Spaces: 12

Rooms and Dimensions

Total Units: 11

Total Floors: 4

Total Rooms: 24

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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