16 Irving Street

Boston, MA, 02114

$2,995,000

$974 per ft²
$2,995,000
$974 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
5 Baths
carpenters-square
3,074 ft²
property_type
Multi-family
calendar
Built 1870
A rare opportunity for investors! Renovated 5 unit turn-key investment property w/incredible cash flow on historic Beacon Hill. This handsome building has an established and extremely strong rental history. Currently configured as (5) short-term rental ( or extended stay) units including (3) one bedroom + den, one bath units, and (2) one bedroom, one bath units. Parlor and lower level units can be easily combined as a 3BR/2BA duplex unit. gross revenue $225K range- The impeccably maintained brownstone features updated mechanical systems, renovated kitchens/ baths, and replacement windows. Ideal for investors who want to own an income-generating asset in highly sought after locale with historically low inventory. Perfect for a 1031 tax exchange or for anyone looking to secure a signature investment in this posh neighborhood. Excellent location by Mass General Hospital and close to the Charles River Esplanade, the Massachusetts State House,Financial dist. Public T.
MLS® ID:
73097980
Listed:
4/11/23
Updated:
5/29/23

Interior Features

Appliances
Dryer, Gas Water Heater
Total Bedrooms
8
Full Bathrooms
5
Interior Features
Unit 2 Rooms(Office/Den), Unit 3 Rooms(Office/Den), Unit 4 Rooms(Office/Den)
Laundry Description
Laundry Room
Floor Description
Wood
Cooling
Window Unit(s)
Heating
Central

Exterior/Building Features

Lot Size
770 ft² lot
Lot Details
Other
Sewer
Public Sewer

Other Property Details

Area Name
Beacon Hill
Taxes
$12320
Tax Frequency
per YEAR
Association Amenities
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Garage
No
Parking
N
View
N
County
Suffolk
Water Source
Public
Pool
No
Total Stories
10
Zoning
re
Buyer Agency Compensation
2.5
Transaction Broker Compensation
2
Compensation Based On
Gross/Full Sale Price
Sub Agency Relationship Offered
No

 

Courtesy of Roberta Orlandino, Coldwell Banker Realty - Boston

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Data last updated 8:42 AM UTC, 5/29/23

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