Sold
225 London St.
Boston MA, 02128
$975,088
$397.35 per sqft
Sold
3 Beds
3 Baths
2,454 sqft
Multi-family
Built in 1935
Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property's overall value and appeal. Located just a 15-minute walk from the MBTA's Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. SOLD "AS IS"!
73310600
MLSⓇ ID
November 7, 2024
Listed
December 5, 2024
Updated
Map
225 London St.
Boston MA, 02128
Interior Features
Total Stories
6
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.02 Acres
Lot Features
Corner Lot
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
East Boston
Taxes
$999,999
Tax Frequency
Annually
Days on Market
13
Garage
No
Parking
On Street
Parking Total
0
View
No
County
Suffolk
Water Source
Public
Pool
No
Zoning
RC
Listing History
Date | Event | Price |
|---|---|---|
12/5/2024 | Sold | $975,088 |
11/21/2024 | Pending | — |
11/14/2024 | Under contract | — |
Courtesy of Diana Franco, Century 21 North East
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Data last updated 4:48 PM UTC, 12/5/2024
