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1767 Washington Street, Boston MA 02118

$16,000,000

Estimated $25,944.67/month Calculator

Multi Family

Total Units: 70

Price Per Unit: $228,571.43

Total Rent: 239976/year

Estimated CAP Rate: 1.50%

9 Bedrooms

9 Full, 9 Half Baths

83,865 SqFt

Total Parking: 0

8,012 SqFt

Presenting The Alexandra, a former luxury hotel primed for redevelopment in Boston’s thriving South End neighborhood. The Alexandra is a once in a lifetime opportunity to develop a legacy project that will bring notoriety to the developer. It is a piece of Boston’s history and is highly anticipated by the neighborhood. The property is situated on a prominent, highly trafficked street corner and features Ruskinian Neogothic style with a richly patterned sandstone façade, strong window lines. The Boston Planning & Development Agency (BPDA) and South End Landmarks District Commission has approved the redevelopment of The Alexandra from a five story building to a thirteen story, 70-unit condominium project with a gym, bike storage, rooftop terrace with adjoining amenity room, and ground floor retail.The Alexandra offers 83,865 SF of redevelopment potential and is strategically located on the corner of two major Boston roadways Washington Street and Massachusetts Avenue.

This home has been viewed 101 times

Last Checked: May 10th, 2024 at 4:18am (Source: MLS PIN #73127452)

Gross Income: $239,976

Gross Expenses: $9

Net Income Calc: $239,967

CAP Rate: 1.50%

Annual Expenses for 1767 Washington Street, Boston MA 02118

Total Gross Expenses (Calculated)$9/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9

Annual Income & Unit Breakdown for 1767 Washington Street, Boston MA 02118

Total Gross Income (Calculated)$239,976

Unit 1

Rental Income$9,999

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

HeatingNo

Rent Includes

Unit 2

Rental Income$9,999

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 1767 Washington Street, Boston MA 02118

Listing ID73127452

Property TypeMulti Family

Price$16,000,000 ($190.78/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total83,865 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking0

Garage Parking

Year Built2023

Year Built SourceBuilder

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsSee Remarks

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

Zoning9

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1767 Washington Street, Boston MA 02118

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.0

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 1767 Washington Street, Boston MA 02118

Real Estate Taxes$9

Tax Year9

Assessed Value$9

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.50%

Location Information for 1767 Washington Street, Boston MA 02118

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 1767 Washington Street, Boston MA 02118

Agent

Name: Christopher Sower

Office

Name: Cushman & Wakefield

Phone: 617-204-4134

Payment Calculator

, Interest

Property Taxes 0.75

Principal & Interest 98586.91

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower

Agent Phone

Office Phone

(617) 204-4134

Text Agent Call Agent Call Office

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EXIT

Withdrawn

1767 Washington Street, Boston MA 02118

$16,000,000

Annual Expenses for 1767 Washington Street, Boston MA 02118

Annual Income & Unit Breakdown for 1767 Washington Street, Boston MA 02118

General Information for 1767 Washington Street, Boston MA 02118

Disclosures for 1767 Washington Street, Boston MA 02118

Financial Information for 1767 Washington Street, Boston MA 02118

Location Information for 1767 Washington Street, Boston MA 02118

Contact Information for 1767 Washington Street, Boston MA 02118

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower