Exceptional turnkey investment opportunity in South Boston. 33–39 Ward St is a modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.0% cap rate based on current in-place income. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ upside to market rents in one of Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated.
16,389 Sq Ft
5,925 Sq Ft Lot Size
investment
$74,929 Annual Tax
Built in 2022
MLS/Listing ID 73474378
4 Stories
14 Units
Community - Walk/Jog Trails
Construction - Cement Board
Construction - Conventional (2x4-2x6)
Insulated Doors
Varies per Unit
Rubber
3/10 to 1/2 Mile To Beach
Tile
Concrete Perimeter
Washer Hookup
Electric Dryer Hookup
Lot - Gentle Sloping
Parking - Assigned
City View
Bay Front
Insulated Windows
Community - Bike Path
Community - Highway Access
Community - House of Worship
Accessible Entrance
Natural Wood
Balcony
Sprinkler Irrigation
Construction - Stone
Community - Park
Community - Public Transportation
Community - Shopping
Community - Tennis Courts
Community - T-Station
Community - Public School
Community - Laundromat
Community - Medical Facility