Sold
81-85 L Street
Boston MA, 02127
$2,600,000
$646.12 per sqft
Sold
9 Beds
18 Baths
4,024 sqft
Multi-family
Built in 1950
Presenting 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston's Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s). Situated in South Boston's most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive "covered-land-play" with in place cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as potential for long-term development
73190223
MLSⓇ ID
January 3, 2024
Listed
September 16, 2024
Updated
Map
81-85 L Street
Boston MA, 02127
Interior Features
Total Stories
18
Bedrooms
9
Total Bathrooms
18
Full Bathrooms
9
Half Bathrooms
9
Fireplace
Yes
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Other
Sewer
Public Sewer
Other Property Details
Taxes
$9,999
Tax Frequency
Annually
Days on Market
78
Garage
Yes
Garage Spaces
9
Parking Total
9
View
No
County
Suffolk
Water Source
Public
Pool
No
Zoning
9999
Listing History
Date | Event | Price |
|---|---|---|
9/3/2024 | Sold | $2,600,000 |
3/21/2024 | Pending | — |
Courtesy of Christopher Sower, Cushman & Wakefield
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Data last updated 9:05 PM UTC, 9/16/2024
