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Financial
Distress signals
Property profile

62 Alford St Charlestown, MA 02129

FOR SALE
Manufacturing properties
Property ID
US38-1713070
20,481 SF 0.34 ac lot Built 1910
Last sale Mar 2016
Trust Owned Owner of record is a trust. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 25,000-square-foot industrial building in Boston's Charlestown neighborhood presents a compelling investment opportunity. Situated on a 14,700-square-foot lot, this three-story structure, built in 1900, boasts two loading docks and a 24-foot clear height in the warehouse area. The property features industrial-grade utility service and steam boiler heating, making it fully equipped for industrial operations. Its location at the Sullivan Square rotary provides convenient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$61k
Tax billed · 2024
Assessed value$2.43M
Assessed land$624k
Assessed improvement$1.80M
Effective rate2.53%

Value estimate

· Oct 2026
$2.84M
$2.56M – $3.12M
CAP approach$3.32M
NOI build-up
Gross scheduled income$402k
Vacancy & credit loss−$26k
Operating expenses−$113k
NOI · 5.85% cap applied$263k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$319/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$181 – $511
Qualifying comparables9

Cap rate analysis

How does the asset earn?
5.85%
$263k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency72.2
Building Supply51.7
Dental Office49.5

Location

62 Alford St Charlestown, MA 02129
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 10 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
18 Spice, Charlestown, MA 02129-1395 $4,600,000 Aug 2024 14,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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