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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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431 Melnea Cass Boulevard , Boston, MA 02119
$22,000,000
Est. Payment: $48,888.89/mo
99 Bed
99 Bath
41628 Sqft
Status: Active | Days on site: 91
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AN6656 - CT003909
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House Description

Presenting The Melnea, a newly constructed 50-unit apartment community with ±4,000 square feet of commercial space located between Boston’s Medical Center and the Longwood Medical Area. The Melnea offers unmatched community amenities and apartment finishes including skyline views, a roof deck, and on-site parking. Apartments boast modern features and finishes including quartz countertops, stainless steel appliances, tile backsplashes, and in-unit washers and dryers. The Melnea’s strategic location between Boston’s South End and Lower Roxbury neighborhoods provides excellent access to Northeastern University, Boston Medical Center, Longwood Medical Center, the MBTA Orange, Commuter and Silver Lines, and a variety of restaurants, shopping and fitness amenities. The property presents investors with the rare opportunity to acquire a newly constructed, Class A building in a high barrier to entry residential market.

Highlights

Listed by Christopher Sower , 617-816-5257 Cushman & Wakefield , 617-330-6966.

Property Type

Multi-Family

Lot/Acreage
0.46

Year Built

2019

County

Suffolk

Listing ID

73538526

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:99
  • Bathrooms:99
  • Full Bathrooms:99
Water:Public

Exterior Features

Garage Capacity:25
Zoning:99
Roof:Rubber
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 25
Principal Interest
$48,889
Taxes
$8

Home Price

$22,000,000

Loan Details

30 yrs
%

Down Payment

20%
$4,400,000
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Monthly Price:
$48,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $48,888.89 $8.25 $0.00 $48,897.14
Yearly $586,666.67 $99.00 $0.00 $586,765.67
Total $17,600,000.00 $2,970.00 $0.00 $17,602,970.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.