For Sale
$2,275,000

169 Trenton St Boston, MA 02128

Prime 4-unit building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A, 4-unit apartment building presents a compelling investment opportunity in Boston's desirable Eagle Hill neighborhood. Boasting 4,000 square feet, this fully stabilized property commands a compelling price per square foot of $568.75 and a strong 6.30% cap rate, generating a substantial net operating income (NOI) of $142,257. Completely renovated in 2019, the building features three stories and benefits from 100% occupancy since September 1, 2019. Each of the four units is equipped with in-unit laundry and individually metered utilities, maximizing efficiency and tenant satisfaction. Residents enjoy private outdoor space, with each unit offering either a private deck or patio. The property includes three off-street parking spaces, a rare amenity in this location. Central air conditioning enhances comfort. Situated in a walker's paradise, this property offers unparalleled convenience, with close proximity to the Airport T stop providing easy access to downtown Boston. The building's prime location near waterfront parks, shops, and restaurants adds to its appeal. The permitted zoning is 3F-2000. This is a turnkey investment ready to generate immediate returns. The building's exceptional condition, strong financial performance, and prime location make it an ideal addition to any investment portfolio.

Highlights

  • Fully stabilized since September 1, 2019.
  • Completely renovated.
  • Individually metered utilities.
  • Three off-street parking spaces.
  • Central air conditioning.
  • Private outdoor space (deck or patio).

Property Details for 169 Trenton St

Property type
Apartment buildings
Square Feet
4,000 SF
Class
A
Year Renovated
2019
Stories
3
Units
4

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3801189
Longitude
-71.0326442

FAQs

What type of property is this?
Apartment building - Prime 4-unit building, high NOI.
Where is the apartment building located?
The property is located at 169 Trenton St Boston, MA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Fully stabilized since September 1, 2019.; Completely renovated.; Individually metered utilities.
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.
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169 Trenton St
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