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Solid Brick 6-Family mixed-use property with incredible cash flow in a great location of East Boston. ALL UNITS RENTED, including the retail store front space. GROSSING $130,948/yr, which puts you at 6.5% cap rate (cash on cash). Many new renovations and upgrades since ownership, which include: New Roof 2019, New Siding, New Rear Decks, and a lot of New Windows. Makeup: (3) Units Fully Renovated, Granite Counters, Tile backsplash, Fully Applianced and new Mini-Split systems. (2) Units are older, needing renovation but in good shape. Great turn key investment property that has all the residential units leased up! Retail space was RENOVATED in 2020, with a 400-amp service, mini-split system and lease until 2023.

Property Details of 315-317 Meridian Street, East Boston

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Listed by Leland E. Dimeco and Suzanne DiMeco of Boston Green Realty

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