RARE MULTI-UNIT DEVELOPMENT OPPORTUNITY IN EAST BOSTON - 131 Addison Street combined with 135 Addison Street, 2 - 5,000 SQ FT LOTS - 10,000 SQ FT TOTAL. Incredibly convenient location - EDA Subdistrict with direct access to and from McClellan Highway, minutes to MBTA Blue Line, Logan Airport, Downtown Boston and Points North. Located directly across from 175 McClellan Highway facility, Planet Fitness and Addison East Boston apartment complex. Close to Suffolk Downs Development. 131 Addison Street and 135 Addison Street to be sold together as a package deal - Sellers are open to zoning contingency options.
This home has been viewed 25 times
Last Checked: May 7th, 2024 at 9:07am (Source: MLS PIN #73144350)
Gross Income: $0
Gross Expenses: $9,999,999
Net Income Calc: $9,999,999
CAP Rate: -277.78%
Annual Expenses for 131-135 Addison Street, Boston MA 02128
Total Gross Expenses (Calculated)$9,999,999/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,999,999
Annual Income & Unit Breakdown for 131-135 Addison Street, Boston MA 02128
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 131-135 Addison Street, Boston MA 02128
Listing ID73144350
Property TypeMulti Family / 5+ Family
Price$3,600,000
Style
CityBoston
CountySuffolk
MLS AreaEast Boston
Neighborhood(s)
Approximate Living Area Total
Approximate Lot Size (Acres)0.23 acres
Total Parking9999
Garage Parking
Year Built1890
Year Built Source
Year Renovated
Year Built Details
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation Description
Accessible Features
Outdoor Space
Zoning.
Zoning DetailsOther (See Remarks)
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 131-135 Addison Street, Boston MA 02128
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
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 Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 131-135 Addison Street, Boston MA 02128
Real Estate Taxes$9,999,999
Tax Year2023
Assessed Value
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)-277.78%
Location Information for 131-135 Addison Street, Boston MA 02128
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaEast Boston
Area Amenities
Contact Information for 131-135 Addison Street, Boston MA 02128