40-46 Winter Street is a boutique apartment building in the heart of Downtown Boston. Surrounded by higher ed institutions (Suffolk, Emerson, Tufts Medical), the financial district, shops/bars/restaurants, the Boston Common and multiple T stops (Red, Orange, Green), the building has a 100% location and has maintained near-100% occupancy. The building represents a rare opportunity to acquire a tremendously located asset comprised of fourteen (14) oversized luxury market rate residential units and approximately 5,581 square feet of prime Winter Street retail space. The residential units range from studios to four-bedroom units and feature unique open plan layouts, high quality finishes, tremendous ceiling heights, window lines, street scape views and the exposed brick aesthetic. The Winter Street location offers a world class retail opportunity for the incoming owner with significant upside through new leasing, remerchandising and increasing below market in-place rents. Offers due 8/17
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73023554)
Gross Income: $23,976
Gross Expenses: $99
Net Income Calc: $23,877
CAP Rate: 0.11%
Annual Expenses for 40-46 Winter Street, Boston MA 02111
Total Gross Expenses (Calculated)$99/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$99
Annual Income & Unit Breakdown for 40-46 Winter Street, Boston MA 02111
Total Gross Income (Calculated)$23,976
Unit 1
Rental Income$999
LeaseN
Bedrooms9
Bathrooms9 Full, 9 Half
Floor9
Levels in Unit9
HeatingNo
Rent Includes
Unit 2
Rental Income$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 40-46 Winter Street, Boston MA 02111
Listing ID73023554
Property TypeMulti Family
Price$22,000,000 ($670.83/SqFt)
Style5+ Family - 5+ Units Up/down
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total32,795 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking0
Garage Parking
Year Built2008
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsStone
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoning999
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 40-46 Winter Street, Boston MA 02111
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 Compensation0.25%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 40-46 Winter Street, Boston MA 02111
Real Estate Taxes$99
Tax Year99
Assessed Value$99
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)0.11%
Location Information for 40-46 Winter Street, Boston MA 02111
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 40-46 Winter Street, Boston MA 02111