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Canceled

59-63 Meridian, Boston MA 02128

$3,900,000

Estimated $10,091/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $780,000

Total Rent: 115428/year

Estimated CAP Rate: 1.80%

0 Bedrooms

Baths

13,956 SqFt

Total Parking: 0

4,681 SqFt

Amazing opportunity to buy/hold a large commercial/mixed-use building in your portfolio or envision the perfect re-development! This 3-story building is comprised of 14,000 sqft of rentable space, including two occupied retail storefronts and three vacant office spaces with elevator service at 82 Paris St. ready for your design and vision! Developers/Builders, take advantage of MU-5 zoning designation and renovate into apartments or condos. This building is located near the Maverick Square and Jeffries Point neighborhood of East Boston, 0.3 miles from Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston via train or ferry!

This home has been viewed 86 times

Last Checked: July 11th, 2025 at 4:29am (Source: MLS PIN #73290709)

Gross Income: $115,428

Gross Expenses: $45,206

Net Income Calc: $70,222

CAP Rate: 1.80%

Annual Expenses for 59-63 Meridian, Boston MA 02128

Total Gross Expenses (Calculated)$45,206/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$45,206

Annual Income & Unit Breakdown for 59-63 Meridian, Boston MA 02128

Total Gross Income (Calculated)$115,428

Unit 1

Rental Income$9,619

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

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 59-63 Meridian, Boston MA 02128

Listing ID73290709

Property TypeMulti Family / 5+ Family

Price$3,900,000 ($279.45/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaEast Boston

Neighborhood(s)

Approximate Living Area Total13,956 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

Zoning0344

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 59-63 Meridian, Boston MA 02128

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$115,428

Total Net Income By Broker$115,428

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 59-63 Meridian, Boston MA 02128

Real Estate Taxes$45,206

Tax Year2024

Assessed Value$1,788,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$115,428

BostonRealEstate.com Gross Income

Total Net Income By Broker$115,428

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.80%

Location Information for 59-63 Meridian, Boston MA 02128

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Boston

Area AmenitiesHighway Access, Public School, Shopping, Public Transportation, T-station

Contact Information for 59-63 Meridian, Boston MA 02128

Agent

Name: Jorge Rodriguez

Office

Name: Carlton's Wharf & Co.

Phone: 617-418-5222

Team Members

Name: Brian Rivas

Phone: 617-955-0770

Payment Calculator

, Interest

Property Taxes 3767.17

Principal & Interest 24030.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Carlton's Wharf & Co.

Jorge Rodriguez

Agent Phone

Office Phone

(617) 418-5222

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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EXIT

Canceled

59-63 Meridian, Boston MA 02128

$3,900,000

Annual Expenses for 59-63 Meridian, Boston MA 02128

Annual Income & Unit Breakdown for 59-63 Meridian, Boston MA 02128

General Information for 59-63 Meridian, Boston MA 02128

Disclosures for 59-63 Meridian, Boston MA 02128

Financial Information for 59-63 Meridian, Boston MA 02128

Location Information for 59-63 Meridian, Boston MA 02128

Contact Information for 59-63 Meridian, Boston MA 02128

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Carlton's Wharf & Co.

Jorge Rodriguez