45 Broad St, Boston, MA 02109
- $8,000,000
- 9
- BD
- 12
- BA
- 13,139
- SqFt
- List Price
- $8,000,000
- Status
- NEW
- MLS#
- 73575427
- Bedrooms
- 9
- Bathrooms
- 12
- Full Baths
- 9
- Half Baths
- 3
- Living Area
- 13,139
- Lot Size (Acres)
- 0.04
- Year Built
- 2016
Property Description
Rare opportunity to acquire a fully utilized, turn-key mixed-use investment property in the heart of Downtown Boston. Notably restored and combined in 2016, 45 Broad Street and 119 Water Street comprise a boutique 11-unit asset featuring nine highly desirable one-bedroom apartments and two prime street-level restaurant spaces. Originally home to large-scale printing operations, the buildings retain distinctive architectural character with high ceilings, oversized windows, exposed structural elements and substantial timber joists throughout. Current ownership completed a comprehensive redevelopment of the properties, creating a stabilized, generational-quality asset with no immediate capital improvements anticipated. All residential units feature central air conditioning, in-unit laundry and high-end finishes, while the two commercial spaces provide additional income and diversification to the rent roll. Ideally positioned just blocks from Boston Harbor, the Rose Kennedy Greenway and Financial District, the property benefits from an exceptional Downtown location, strong residential demand, limited competing inventory and significant barriers to entry for comparable new development. An exceptional opportunity for an investor seeking a stabilized, low-maintenance Boston asset combining durable income, irreplaceable historic character and long-term appreciation potential.
Additional Information
- Area
- Midtown
- Taxes
- $74,229
- Interior Features
- Ceiling Fan(s), Cathedral/Vaulted Ceilings, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Open Floorplan, Remodeled, Internet Available - Broadband, Walk-Up Attic, Heated Attic, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Lot Description
- Corner Lot, Level
- View
- City View(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Eliott Levine from Listing Office: Olde Forge Realty.
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