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 Andrew Station (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. Buyers agents compensated
- Disclosure:
- 578 is ONLY $9
- Area:
- South Boston
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- A
- Orig Price:
- $10,490,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02171
- Longitude:
- W72° 56' 43.3''
- Latitude:
- N42° 19' 46''
Commercial Sale
33-39 Ward St., Boston, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $10,490,000
- Square Footage :
- 16,389 Sqft
- Year Built :
- 2021
- Lot Area :
- 0.14 Acre
- Listing ID :
- 73474379
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com