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    OFF-MARKET
    Commercial real estate

    198 Maverick St, Boston, MA 02128

    3,950 SF
    Property ID
    US38-1497690
    Property summary
    AI-generated overview

    This exceptional Class A, stabilized multifamily investment property at 203 Maverick Street in Boston, MA, presents a compelling opportunity. The property boasts four completely renovated units, each featuring three bedrooms and two bathrooms, totaling 3,950 square feet. All units are currently occupied with signed leases extending through September 1, 2025, ensuring immediate cash flow. The building enjoys a 100% occupancy rate, generating a substantial Net Operating Income (NOI) of $175,737, and a 7.03% capitalization rate based on the $2,500,000 asking price. Each unit is approximately 1,000 square feet (except one at 950 sq ft), offering spacious living areas with hardwood floors, unique lighting, and bright windows, creating a condo-like atmosphere. Modern amenities include central air conditioning and in-unit laundry facilities. The property is conveniently located just three blocks from the Maverick T stop, providing excellent access to public transportation. Individual unit rents range from $3,800 to $4,100 per month, totaling $16,000 in monthly rental income. Utilities are separately metered. The property is zoned 3F-2000. This is a turnkey investment with strong tenant occupancy and a proven track record of profitability. This is a rare opportunity to acquire a high-quality multifamily asset in a desirable Boston location.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,950 SF
    UPID US38-1497690
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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