8 Parker Street is a turn-key 3-unit investment property located in Charlestown's Sullivan Square neighborhood of Boston. The building is fully rented into 2023 and generates a substantial $11,650 per month which then increases to $11,850 a month starting 9/1/22. The property is comprised of (2) four-bedroom / two-bath units and (1) two-bedroom / 1-bath unit. The apartments feature renovated kitchens and bathrooms, hardwood flooring, A/C, in-unit laundry and off-street parking. Other building improvements include new electrical service, new exterior paint job, updated common areas and rear decking. This location is a commuter's dream as it has direct I-93 highway access and sits steps to the MBTA Orange line and public Bus Depot. Tenants benefit from the endless dining, shopping, and entertainment options of Assembly Square and Boston's Encore Casino.
Sold
$2,025,000
8 Parker St, Boston, MA 02129
10beds
4,649sqft
3 Family
Built in 1890
-- sqft lot
$2,185,300 Zestimate®
$436/sqft
$6,823 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 16, 2022 at 07:30am
Listed by:
Tony Pepdjonovic,
Marcus & Millichap Real Estate Investment Services
Bought with:
Adam Mundt
Kingston Real Estate & Management
Source: MLS PIN,MLS#: 73018246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- Has cooling: Yes
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 4,649
- Total interior livable area: 4,649 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Patio & porch: Deck
- Exterior features: Balcony
Lot
- Size: 3,920 sqft
- Features: Other
Details
- Parcel number: 1279510
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Highway Access, T-Station
Location
- Region: Boston
HOA & financial
Other financial information
- Total actual rent: 11650
Other
Other facts
- Road surface type: Paved
Services availability
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Estimated market value
$2,185,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,185,300