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 53 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
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 Tax99
Annual Income & Unit Breakdown for 40-46 Winter Street, Boston MA 02111
Total Gross Income (Calculated)$23,976
Unit 1
Rental Income$0
LeaseN
Bedrooms9
Bathrooms9 Full, 9 Half
Floor9
Levels in Unit9
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms9
Bathrooms9 Full, 9 Half
Floor9
Levels in Unit9
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 40-46 Winter Street, Boston MA 02111
Listing ID73023554
Property TypeMulti Family
Price22000000 ($670.83/SqFt)
Style5+ Family - 5+ Units Up/down
CityBoston
CountySuffolk
Neighborhood(s)
Approximate Living Area Total32795
Approximate Lot Size (Acres)0.15
Total Parking0
Garage Parking0
Year Built2008
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
Zoning999
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 40-46 Winter Street, Boston MA 02111
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
Exclusions.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation0.25%
Facilitator Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 40-46 Winter Street, Boston MA 02111
Real Estate Taxes99
Tax Year99
Assessed Value$99
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 40-46 Winter Street, Boston MA 02111
Neighborhood(s)
Area Amenities
Contact Information for 40-46 Winter Street, Boston MA 02111