169 Trenton StBoston, MA 02128

Property Details for 169 Trenton St

Property size (Sq ft)

4,000 SF

Property type

Apartment buildings

Description

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.

Location Insight

City

Boston

County

Suffolk

State

Massachusetts

Latitude

42.3801

Longitude

-71.0326

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