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584-586 E BroadwayBoston, MA 02127Price: $2,099,000

  • Price: $2,099,000
  • 111 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
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  • $2,099,000List Price
  • 0.03Acreage

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Mixed-use Multi-family FOR SALE! Prime East side location in booming South Boston neighborhood. 3 units up and down + bonus commercial unit at 101 Emerson at rear of building. First floor East Broadway commercial space currently being used as a yoga and fitness studio. Renovated approx. 6 years ago with new facade and interior finishes. Both rental units are tenanted and are 1-bed 1-bath layouts. Lower level "bonus" commercial space is currently being occupied as a long standing South Boston Salon "Louis & Co." Prior plans were completed to convert the second and third floor into two, 2-bed 2-bath units adding additional square footage above the rear of the yoga studio which is currently a flat rubber roof. (plans upon request!) This is a fantastic value-add opportunity as a long term buy & hold with strong rental history and an established commercial tenant in a thriving neighborhood. Private showings available with 24+ hours advance notice.

Property Details of 584-586 E Broadway

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Listed by James Riel of JR Associates

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