Exceptional turnkey investment opportunity in South Boston. 33–39 Ward St is a modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.0% cap rate based on current in-place income. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ upside to market rents in one of Boston’s most supply-constrained, high-demand submarkets. Buyer’s agents compensated.
- Parking:
- Assigned
- Construction:
- Cement Board, Conventional (2x4-2x6), Stone
- Exterior Unit Features:
- Balcony, Sprinkler System, Varies Per Unit
- Flooring:
- Tile, Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Total Monthly Rent exceeds MLS allowable amount. Full Offer Memorandum w/ Financials Avail. Property includes two designated affordable units
- Electric Feature:
- 220 Volts, Individually Metered
- Garage Parking:
- 15
- Lead Paint:
- No
- Waterview Features:
- Bay
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Area:
- South Boston
- Parking Spaces:
- 30
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $640
- Zoning:
- A
- No Units:
- 14
- Orig Price:
- $10,490,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02127
- Longitude:
- W72° 56' 43.3''
- Latitude:
- N42° 19' 46''
Residential Income
33-39 Ward St., Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $10,490,000
- View :
- City View(s)
- Bedrooms :
- 30
- Rooms :
- 99
- Total Bathrooms :
- 29.5
- Full Bathrooms :
- 29
- Half Bathrooms :
- 1
- Square Footage :
- 16,389 Sqft
- Year Built :
- 2022
- Lot Area :
- 0.14 Acre
- Listing ID :
- 73474378
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
