225 London St. Boston, MA 02128
Listing Courtesy of: MLS PIN / Century 21 North East / Diana Franco

  225 London St. Boston, MA 02128

Sold (13 Days)
$975,088
3
BED
2.5
BATH
2,454
SQFT

Description

Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property’s overall value and appeal. Located just a 15-minute walk from the MBTA’s Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. SOLD AS IS!

MLS #:
73310600
Taxes
$999,999(2024)
Lot Size
1,080 SQFT
Type
Multifamily
Year Built
1935
County
Suffolk County

Listed By

Diana Franco, Century 21 North East
Bought with
Diana Franco
Source
MLS PIN
Last checked Dec 25 2024 at 4:50 AM GMT+0000
Bathroom Details
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Electric
Basement Information
  • Partially Finished
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: Public, For Gas Range
  • Sewer: Public Sewer
Parking
  • On Street
Stories
  • 6
Living Area
  • 2,454 sqft
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