169 Trenton St Boston, MA 02128
- Commercial real estate
- 4,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 169 Trenton St
- Property size
- 4,000 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0326442
- Latitude
- 42.3801189
