About 33-39 Ward St.
Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated
Features of 33-39 Ward St.
| MLS® # | 73474378 |
|---|---|
| Price | $9,999,000 |
| Bedrooms | 30 |
| Bathrooms | 29.50 |
| Full Baths | 29 |
| Half Baths | 1 |
| Square Footage | 16,389 |
| Acres | 0.14 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 33-39 Ward St. |
|---|---|
| Area | South Boston |
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02127 |
Amenities
| Utilities | for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup |
|---|---|
| Parking Spaces | 30 |
| Parking | Leased, Assigned |
| # of Garages | 15 |
| Is Waterfront | No |
| Waterfront | Bay, 3/10 to 1/2 Mile To Beach |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Exterior Features | Balcony, Sprinkler System, Varies per Unit |
|---|---|
| Lot Description | Gentle Sloping |
| Windows | Insulated Windows |
| Roof | Rubber |
| Construction | Stone, Conventional (2x4-2x6), Cement Board |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | A |
|---|
Listing Details
| Agent | Easter Entwistle Advisors |
|---|---|
| Office | Douglas Elliman Real Estate - Easter Entwistle Advisors |