Boston Multifamily Investment
For Sale
$614,999
Pending
63 Normandy, Boston, MA 02121
Multifamily property in Boston with significant rental upside.
Property Size3,000 SF
Lot Size0.04 Acres
Days on Market166
Property Features for 63 Normandy
General Information
Standard status
Pending
Size
3,000 SF
Lot size
0.04 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$3,813
Building Details
Building Size
3,000 SF
Year Built
1900
Stories
3
Units
3
Listing Agency:
(980) 322-2090
Listed By:
Ipyana Wasret
(980) 322-2090
Source:
Elliman
Added: Mar 10
Changed: Aug 11
Last Checked: Aug 22 at 11:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ipyana Wasret
Investment Insights
Based on property information with market context.
This multifamily property in Boston, Massachusetts, presents an opportunity for investors. The property is being sold "As Is". Current subsidies for 1-bedroom units range from $1500 to $1750, and 2-bedroom units range from $1800 to $2150. The property requires cleaning and cosmetic improvements. There is potential to increase rents to market rates or subsidized levels. The property may also be suitable for condo conversions. All tenants are "At Will".
Key Highlights
- Subsidies available for 1 and 2 bedroom units ($1500-$2150).
- Opportunity for condo conversions.
- Potential to increase rents to market or subsidized levels.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,351
Businesses Nearby
Explore this area
Business Placement
Demographics for 02121, MA
28,766
Population
11,384
Households
2.5
Avg Household Size
33
Median Age
21%
College-Educated
75%
High-School Grad
1.9 sq mi
ZIP Area
15,140
Density / Sq Mi
$38,565
Median Household Income
$33,700
Median Earnings
$1,316
Median Rent
$548,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property in Boston with significant rental upside.
Where is this apartment building located?
The property is located at 63 Normandy Boston, MA.
What is the asking price?
The asking price for this property is $614,999.
What are key features of this property?
This property features: Subsidies available for 1 and 2 bedroom units ($1500-$2150).; Opportunity for condo conversions.; Potential to increase rents to market or subsidized levels.
