44-46 Lexington Street

$5,175,000

24 Beds 16 Baths 10,543 Sq.Ft.

Description

Just Completed. 5.5 CAP. Now FULLY LEASED! NET INCOME OF $286,000. (2) NEW CONSTRUCTION 4-Family residences in a prime East Boston location, BOASTING OVER 10,500 SQ/FT of total living and common area! Each of the 8 residences is laid out with 3 bedrooms/2 bathrooms and offers condominium quality finishes throughout. Features include high ceilings with crown moldings, hardwood floors, central HVAC with air conditioning, tankless hot water heaters, hardwood floors, gorgeous tile bathrooms, quartz + shaker kitchens, in-unit laundry and the list goes on and on. Quality craftsmanship on display throughout the building. Superior fire protection with sprinkler and fire alarm systems. Average rents are $3,500 a month with room to grow. Easy to show given 24hrs notice.

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Location

44-46 Lexington Street, Boston, MA 02128

Status

Sold

Property Amenities

Interior

Laundry room Washer Hookup

Appliances Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 4(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Dryer

Flooring Hardwood, Stone / Slate, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)

Total Bedrooms: 24

Full Bathrooms: 16

Other Interior Features Unit 1(Crown Molding, Stone/Granite/Solid Counters, Open Floor Plan), Unit 2(Crown Molding, Stone/Granite/Solid Counters, Open Floor Plan), Unit 3(Crown Molding, Stone/Granite/Solid Counters, Open Floor Plan), Unit 4(Crown Molding, Stone/Granite/Solid Counters, Open Floor Plan), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen, Living RM/Dining RM Combo)

Area & Lot

Lot Area 5,000 Sq.Ft.

Living area 10,543 Sq.Ft.

MLS® ID 72940614

Year Built 1900

View Description City

Type Multi-Family

Status Sold

Exterior

Stories 11

Air conditioning Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)

Heat type Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas), Unit 4(Forced Air, Gas)

Water Source Public

Sewer Public Sewer

Other Exterior Features City View(s), Garden Area

Lot Features Other

Roof Shingle

Utilities for Gas Range, for Electric Dryer, Washer Hookup

Finance

Sales Price $5,175,000

Real Estate Tax $7,370 yearly

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The Residential Group at William Raveis Real Estate is a team of experienced agents, specializing in the sale of urban dwellings and new construction/renovation properties in Metropolitan Boston. They are consistently ranked among the top sales teams at William Raveis Real Estate and top teams in all of Massachusetts.

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$5,175,000