169 Trenton StBoston, MA 02128

For Sale
$2,275,000

Prime 4-unit building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A, 4-unit apartment building presents a compelling investment opportunity in Boston's desirable Eagle Hill neighborhood. Boasting 4,000 square feet, this fully stabilized property commands a compelling price per square foot of $568.75 and a strong 6.30% cap rate, generating a substantial net operating income (NOI) of $142,257. Completely renovated in 2019, the building features three stories and benefits from 100% occupancy since September 1, 2019. Each of the four units is equipped with in-unit laundry and individually metered utilities, maximizing efficiency and tenant satisfaction. Residents enjoy private outdoor space, with each unit offering either a private deck or patio. The property includes three off-street parking spaces, a rare amenity in this location. Central air conditioning enhances comfort. Situated in a walker's paradise, this property offers unparalleled convenience, with close proximity to the Airport T stop providing easy access to downtown Boston. The building's prime location near waterfront parks, shops, and restaurants adds to its appeal. The permitted zoning is 3F-2000. This is a turnkey investment ready to generate immediate returns. The building's exceptional condition, strong financial performance, and prime location make it an ideal addition to any investment portfolio.

Highlights

  • Fully stabilized since September 1, 2019.
  • Completely renovated.
  • Individually metered utilities.
  • Three off-street parking spaces.
  • Central air conditioning.
  • Private outdoor space (deck or patio).

Property Details for 169 Trenton St

Property type
Multifamily properties, Apartment buildings
Square Feet
4,000 SF
Class
A
Year Renovated
2019
Stories
3
Units
4

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3801189
Longitude
-71.0326442
169 Trenton St, Boston, Massachusetts
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169 Trenton St
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