Address
563-565 Columbus Ave # C2 and C3, Boston, MA
Price
$ 1,999,900
Property Attributes
  • MLS#73224373
  • TypeCommercial
  • CountySUFFOLK
  • CityBoston
  • AreaSouth End
  • Zip02118
  • StyleCommercial Condo
  • Taxes$ 14611
  • Price$ 1,999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,583 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Don't miss this rare opportunity to own not just one, but TWO commercial units in the highly coveted South End neighborhood of Boston. Located in close proximity to other shops, restaurants, and public transit, these units offer an ideal location for businesses and a great investment opportunity. Both properties have triple net leases in place, providing a steady stream of income for the new owner. This means that the tenants are responsible for the property expenses, including taxes, insurance, and maintenance, making it a hassle-free investment. The South End neighborhood is known for its vibrant atmosphere and thriving commercial scene. With a diverse array of shops, restaurants, and amenities nearby, these units are perfectly situated to attract customers and benefit from the bustling foot traffic in the area. Whether you're looking to expand your investment portfolio or establish a presence in one of Boston's most sought-after neighborhoods, this opportunity is not to be missed.

Price History
4/16/2024 Listed $1,999,900

General Features

Utilities Public Water,Public Sewer
Zoning MFR/LS
HOA 420
Association Fee Includes Insurance
Unit Number C2 and C3
Tax Year 2024
Gross Income 122400
Business Type Commercial Condo
County Suffolk
Net Operating Income 121896
Operating Expense 5040
Property Type Commercial Sale
HOA / Comm Assn Yes
Status Active
Directions Columbus Ave between Wellington Street and Mass Ave
City Boston
Disclosures Buyers and buyer agents to do their own due diligence. All income and expenses are combined between the 2 condos and are approximate.
Senior Community Y/N No
Zoning Description Legal Conforming
MLS Area South End
Lot Size Square Feet 9999
Waterfront Y/N No
Street Name Columbus Ave
Tax Annual Amount 14611
Home Warranty Y/N No
Building Area Units Square Feet
Lease Type NNN
Standard Status Active

Exterior Features

Lot Size Area 0.22
Lot Size Acres 0.22
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02118

Price
AVG $330K
$2M
Taxes
AVG $26,730
$14,611
Visits
AVG 277
33
Data Provided by Inside Real Estate®