Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development
Sold
$2,600,000
L 166th St, Boston, MA 02127
9beds
4,024sqft
5+ Family - 5+ Units Up/Down
Built in 1950
-- sqft lot
$-- Zestimate®
$646/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 03, 2024 at 07:53am
Listed by:
Christopher Sower,
Cushman & Wakefield
Bought with:
Christopher Sower
Cushman & Wakefield
Source: MLS PIN,MLS#: 73190223
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 18
- Full bathrooms: 9
- 1/2 bathrooms: 9
Features
- Has basement: No
- Number of fireplaces: 18
Interior area
- Total structure area: 4,024
- Total interior livable area: 4,024 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 9
Features
- Waterfront features: Beach Front
Lot
- Size: 4,592 sqft
- Features: Other
Details
- Zoning: 9999
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Other
Location
- Region: Boston
HOA & financial
Other financial information
- Total actual rent: 19998