200 Maverick StBoston, MA 02128

For Sale
$2,750,000
4-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Class A, stabilized multifamily investment property located at 203 Maverick Street, Boston, MA 02128, presents a compelling opportunity for discerning investors. The property boasts a total of 4,100 square feet and comprises four units: three 4-bedroom, 2-bathroom units ranging from 1,100 to 1,200 square feet, and one 2-bedroom, 1.5-bathroom unit of 700 square feet. All units are currently rented at a combined monthly rent of $17,550, with signed leases extending through September 1, 2025, ensuring immediate cash flow. The property enjoys a 100% occupancy rate, generating a substantial Net Operating Income (NOI) of $193,056 and a strong 7.02% capitalization rate. Each unit features modern amenities including central air conditioning, in-unit laundry, hardwood floors, unique lighting, and bright windows, creating a desirable condo-like living experience. The building is situated in a prime East Boston location, just three blocks from the Maverick Street MBTA station, providing convenient access to public transportation. The property is zoned 3F-2000, and separately metered utilities contribute to efficient management. This fully gut-renovated building offers a rare combination of strong financial performance and attractive tenant appeal, making it an ideal addition to any investment portfolio. The asking price is $2,750,000.

Property Details for 200 Maverick St

Property type
Apartment buildings
Square Feet
4,100 SF
Class
A
Units
4

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.368900597405
Longitude
-71.036050205617
200 Maverick St, Boston, Massachusetts

FAQs

What type of property is this?
Apartment building - 4-Unit Apartment Building, High ROI
Where is the apartment building located?
The property is located at 200 Maverick St Boston, MA.
What is the asking price?
The asking price for this property is $2,750,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
200 Maverick St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message