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Adam Dow

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

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45 Broad St , Boston, MA 02109
$8,000,000
Est. Payment: $17,777.78/mo
9 Bed
12 Bath
13139 Sqft
Status: Active | Days on site: 7
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House Description

Rare opportunity to acquire a fully utilized, turn-key mixed-use investment property in the heart of Downtown Boston. Notably restored and combined in 2016, 45 Broad Street and 119 Water Street comprise a boutique 11-unit asset featuring nine highly desirable one-bedroom apartments and two prime street-level restaurant spaces. Originally home to large-scale printing operations, the buildings retain distinctive architectural character with high ceilings, oversized windows, exposed structural elements and substantial timber joists throughout. Current ownership completed a comprehensive redevelopment of the properties, creating a stabilized, generational-quality asset with no immediate capital improvements anticipated. All residential units feature central air conditioning, in-unit laundry and high-end finishes, while the two commercial spaces provide additional income and diversification to the rent roll. Ideally positioned just blocks from Boston Harbor, the Rose Kennedy Greenway and Financial District, the property benefits from an exceptional Downtown location, strong residential demand, limited competing inventory and significant barriers to entry for comparable new development. An exceptional opportunity for an investor seeking a stabilized, low-maintenance Boston asset combining durable income, irreplaceable historic character and long-term appreciation potential.

Highlights

Listed by Eliott Levine , 401-663-8049 Olde Forge Realty , 617-293-2395.

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

2016

County

Suffolk

Area

Midtown

Listing ID

73575427

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:12
  • Full Bathrooms:9
  • 1/2 Bathrooms:3
Appliances:Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker, Intercom
Air Cond:Central Air,Individual,Unit Control
Fireplaces:
Other:
  • Additional:Ceiling Fan(s), Cathedral/Vaulted Ceilings, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Open Floorplan, Remodeled, Internet Available - Broadband, Walk-Up Attic, Heated Attic, Kitchen, Laundry Room, Living RM/Dining RM Combo
Water:Public

Exterior Features

Lot:Corner Lot,Level
Garage Capacity:0
Zoning:RC
Roof:Rubber
Others:
  • Additional:Varies per Unit
Sewer:Public Sewer
Principal Interest
$17,778
Taxes
$6,186

Home Price

$8,000,000

Loan Details

30 yrs
%

Down Payment

20%
$1,600,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,777.78 $6,185.78 $0.00 $23,963.55
Yearly $213,333.33 $74,229.32 $0.00 $287,562.65
Total $6,400,000.00 $2,226,879.60 $0.00 $8,626,879.60

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.