272-274b Meridian Boston, MA 02128
Calling all investors and savvy developers! Potential 7.5%+ cap rate. Great opportunity to own a cash cow, mixed-use commercial and residential building in East Boston. This property features a commercial space on the ground level pulling in $8000/month with a long-term lease, along with 3+ residential units above. Location is very prime and next to the Central-Maverick Square neighborhood of Eagle Hill. Enjoy the convenience of Meridian street restaurants/shops, Liberty Plaza (CVS, Shaw's, Kappy's Liquors) and Maverick T is 0.5 mile with direct access to Downtown Boston and the Harborwalk. Great for a profitable buy/hold or go through variance process in this MU-7 zoning area!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySuffolk
- Taxes$16,953
- HOA/Condo/Coop Fees$0
- Days on Site6 Days
- MLS StatusActive
- MLS ID Number73289670
- Home Size Source Public Records
- Year Built1899
- Lot Size0.06 Acres
- Full Baths5
- Partial BathsN/A
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Learn MoreRecent Activity For 272-274b Meridian Boston, MA 02128
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General Features
- Construction FrameBrickStone
- Parking On Street
- Parking Spaces 0
- Sewer Public Sewer
- Basement FullInterior EntryConcrete
- Number of Stories 14
- Acreage 0.06
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Concrete Perimeter
- Zoning 0
- Garage 0
- Parking Features On Street
- Electricity Varies per Unit
Interior Features
- Flooring TileVinylVariesHardwood
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Rubber
- Spa No
- Waterfront Property No
- Exterior Varies per Unit
- Lot Corner LotGentle SlopingLevel
- Patio And Porch Patio - Enclosed
- Lot Features Corner LotGentle SlopingLevel
Community Features
- Community Features Public TransportationShoppingHighway AccessPublic SchoolT- StationT-Station
- Senior Community No
- MLS Area East Boston's Eagle Hill
- Adult Care Community No