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Sold
  • $975,088

    225 London St, East Boston, MA 02128

    3beds
    2,454sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $397/sqft
    $3,397 Estimated rent

    What's special

    Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property’s overall value and appeal. Located just a 15-minute walk from the MBTA’s Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. SOLD "AS IS"!

    Zillow last checked: 7 hours ago

    Listing updated: December 05, 2024 at 08:16am

    Listed by:

    Diana Franco,

    Century 21 North East

    Bought with:

    Diana Franco

    Century 21 North East

    Source: MLS PIN,MLS#: 73310600

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,454
    • Total interior livable area: 2,454 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Waterfront features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 1,080 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 1332267
    • Zoning: RC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station
    Location
    • Region: East Boston

    HOA & financial

    Other financial information
    • Total actual rent: 8800
    Services availability
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