425 Border St, Boston, MA 02128
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.