425 Border, Boston, MA 02128
425 Border, Boston, MA 02128
425 Border, Boston, MA 02128
17
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$9,100,000
Est. payment /mo
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32 Beds
31 Baths
16,610 SqFt
New

425 Border Boston, MA 02128

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Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,610 sqft

Price per Sqft $547

MLS Listing ID 73596404

Bedrooms 32

Full Baths 31

Year Built 2023

Annual Tax Amount $75,522

Tax Year 2027

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5-9 Family

Property Description

425 Border St. is a boutique apartment building located in East Boston. Built in 2023, the corner building consists of sixteen (16) residential units. The luxury, condominium-quality residences feature high-end kitchens and bathrooms, in-unit washer/dryers, elevator access, and garage parking. The building also offers both public and private roof decks with spectacular water and skyline views. Ten (10) of the sixteen (16) units offer water views. The property is fully leased and generating strong existing cash flow. Offered below replacement cost, 425 Border Street represents an attractive opportunity for investors seeking a 1031 exchange property and/or a potential future condominium exit strategy. The property provides investors with the opportunity to acquire a turnkey investment asset in one of Boston's established residential neighborhoods. SEE FIRM REMARKS FOR ADDITIONAL INFORMATION

Location

State MA

County Suffolk

Zoning A

Direction Corner building with water views, located in East Boston

Exterior

View Y/N Yes

View City View(s)

Total Parking Spaces 13

Garage No

Building

Lot Description Corner Lot, Level

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


MLSPIN
Listed by Carl Christie

Nearby Locations

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Tracy Barber

Tracy Barber

Broker

+1(978) 400-1617

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425 Border