649 Washington St, Boston, MA 02135

This exceptional investment opportunity presents an 11-unit multifamily property situated at 649-651 Washington Street in Boston, Massachusetts, within Suffolk County. The property comprises two adjacent buildings totaling 11,000 square feet on a 14,388 square foot lot. Building construction dates back to 1969, featuring a three-story design. The complex includes nine off-street parking spaces. Currently boasting 100% occupancy, with the occupancy date set for July 16, 2024, the property offers a mix of unit sizes. Nine units are located within 649 Washington Street, each offering one-bedroom layouts, spanning 7,500 square feet. The remaining two units reside in 651 Washington Street, a townhome-style building featuring spacious three-bedroom units. This value-add opportunity allows for potential income generation from existing tenants or implementing a business plan focused on unit upgrades and light renovations to enhance property value. The property's location in a core Boston submarket, combined with its strong market dynamics, presents a compelling investment case. The property is being offered unpriced, with tours available.