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® # | 73474379 |
|---|---|
| Price | $9,999,000 |
| Square Footage | 16,389 |
| Acres | 0.14 |
| Year Built | 2021 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 33-39 Ward St. |
|---|---|
| Area | South Boston |
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02127 |
Amenities
| Utilities | Public Water |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Rubber |
|---|
Additional Information
| Zoning | A |
|---|
Listing Details
| Agent | Easter Entwistle Advisors |
|---|---|
| Office | Douglas Elliman Real Estate - Easter Entwistle Advisors |