230 Newbury StBoston, MA 02116

  • Investment properties
  • 6,668 SF
For Sale
$15,000,000 View listing

Property Details for 230 Newbury St

Year built
1899
Construction
BRICK
Lot size
0.06 AC
Property size (Sq ft)
6,668 SF
Zone code
RC
Property type
Investment properties
Property subtype
Live-work space
APN
CBOS W:05 P:03219 S:000
APU
CBOSW05P03219S000

Description

This exceptional investment opportunity presents a substantial mixed-use portfolio situated on Newbury Street in Boston, Massachusetts. The property consists of two buildings, totaling 13,336 square feet, on a 4,928 square foot lot. Built in 1899, the five-story structures comprise 24 apartment units and 13 retail suites. The property also includes three office spaces. Offering significant income potential, this portfolio allows for future rental growth through lease renewals and market-rate adjustments. The property features off-street parking for six vehicles. This unique offering presents a chance to acquire a well-established, income-producing asset in a highly desirable location. The asking price for this exceptional property is $15,000,000. The seller is open to offers and will consider selling the buildings in pairs or as a complete portfolio. This is a rare opportunity to acquire a significant piece of Boston's iconic Newbury Street. The property is located at 230 Newbury Street, Boston, MA 02116.

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.3497
Longitude
-71.0814
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$3,617,900
$1,932,000
$5,549,900
-
-
-
-

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