225 London St., Boston, (East Boston), MA, 02128
10 rooms
3 beds
2 Full / 1 Half baths
1935
2,454 sqft
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. Units 2 and 3 are Tenants at Will, 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"!
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
3
Zoning:
RC
Heating:
Electric
Basement:
Partially Finished
Levels:
6
Parking:
On Street
Acreage:
0.02
Est. Taxes:
$999,999
Assessment
$319,000
Utilities
for Gas Range
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station
MLS #:
73310600
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Diana Franco, Century 21 North East