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    OFF-MARKET
    Commercial real estate

    425 Border St, Boston, MA 02128

    20,888 SF Built 2022
    Property ID
    US38-0480152
    Property summary
    AI-generated overview

    This exceptional 16-unit Class A multifamily property, constructed in 2022, is situated at 425 Border Street in East Boston, MA, within Suffolk County (zip code 02128). Boasting 20,888 total square feet and 15,730 net rentable square feet, this five-story building sits on a 5,243 square foot lot. Currently vacant, this turnkey investment opportunity presents a unique chance to capitalize on the thriving East Boston market. The building features high-end finishes including oak hardwood floors, quartz countertops, and Bosch appliances in each of the 16 units. Residents enjoy in-unit laundry, central air conditioning, elevator access, and garage parking. Ten units offer captivating water views. Both public and private roof decks provide spectacular city and water skyline views. Its prime location offers easy access to public transportation, including the MBTA Blue Line (Maverick Station, 0.9 miles away) and nearby bus routes connecting to the Seaport Ferry. East Boston's desirability among young professionals and recent graduates, coupled with its proximity to Boston and Cambridge employment centers, ensures strong rental demand. The property is currently awaiting its Certificate of Occupancy. Offers are welcome.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2022
    Total area 20,888 SF
    UPID US38-0480152
    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
    Allowed · conditional · prohibited
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