Multi-Family for Sale: 81-85 L Street, Boston, MA 02127 SOLD

9 beds
9 full, 9 half baths
4,024 sqft
$2,600,000
$2,600,000
81-85 L Street, Boston, MA 02127 SOLD
9 beds
9 full, 9 half baths
4,024 sqft
$2,600,000
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Selling Price: $2,600,000
Original List Price: $3,100,000
Sold at 83.9% of list price
Sold Date: 08/21/2024

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Type Multi-Family
Beds 9
Total Baths 9 full, 9 half baths
Square Feet 4,024 sqft
Garage Spaces 9
Lot Size 0.11 acres
Year Built 1950
City Boston
County Suffolk
MLS 73190223
Status Closed
DOM 231 days
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

Lot & Building Features

Sewer Public Sewer
Tax Year 9999
Taxes Paid $9,999
Water Public
Foundation Concrete Perimeter
Full Baths 9
Half Baths 9
Total Rooms 18
Garage Spaces 9
Fireplaces 18
Waterfront Beach Front

Price History of 81-85 L Street

Date Name Price Difference
01/03/2024 Listing Price $2,600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 81-85 L Street, Boston, MA

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Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Cushman & Wakefield, Christopher Sower
Sold by Cushman & Wakefield, Christopher Sower
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Listing information courtesy of: Cushman & Wakefield

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