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$ 1,000,000
Est. payment | /mo
5 Beds
3 Baths
2,149 SqFt
$ 1,000,000
Est. payment | /mo
5 Beds
3 Baths
2,149 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,149 sqft
Price per Sqft $465
MLS Listing ID 73547107
Bedrooms 5
Full Baths 3
HOA Fees $600
Year Built 1909
Annual Tax Amount $9,660
Tax Year 2025
Property Sub-Type Condominium
Property Description
**Very unique investor opportunity to acquire 2 units**Formerly a single condo, this property was converted into two separate units and offers an exceptional value-add opportunity for experienced investors or developers. Unit 2 features a spacious 3-bedroom, 2-bath layout currently rented for $3,600/mon, while Unit 3 offers a 2-bedroom, 1-bath layout rented for $2,700/mon, producing $6,300/month in gross rental income. Units have been extensively renovated and feature modern finishes, central air conditioning, and have month-to-month tenants. The condominium conversion is substantially complete; however, the permitting process has not been finalized. Open permits remain, and a Certificate of Occupancy will not be delivered at closing. This property is being sold as-is and is best suited for investors experienced with permitting/condo conversions. Subject to bankruptcy court approval; please see all disclosures and contact the listing agent directly.
Location
State MA
County Suffolk
Zoning CD
Direction Florence Street to Harrison St
Rooms
Basement N
Interior
Heating Forced Air
Cooling Central Air
Exterior
Total Parking Spaces 3
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by LAER Realty Partners
NEARBY SCHOOL & BUSINESS
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