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Adam Burns Of Burns Realty & Investments Sells Multifamily Property In South Boston For $1.76M

Property Image
SOLD
$1,763,020

Massachusetts

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MultiFamily2,505 SF
Sold 09/11/2024
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Property Image
SOLD

Adam Burns Of Burns Realty & Investments Sells Multifamily Property In South Boston For $1.76M

169 I Street

See Similar Deals
MultiFamily2,505 SF
Sold 09/11/2024
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$703
Total Square Footage:2,505 SF
Transaction Type:Sale

A fully leased multifamily property located at 169 I Street in South Boston, MA was sold for $1,763,020. The brick row house encompasses 2,505 square feet and features 8 bedrooms and 3 bathrooms. Renovated in 2017, the property is in turn-key condition and generates a monthly rent of $12,300, ensuring strong cash flow through August 2025.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,763,020
  • Square Footage: 2,505
  • Price Per Square Foot: $704
  • Address: 169 I Street
  • Market: South Boston, MA
  • Broker: Adam Burns - Burns Realty & Investments

Adam Burns represented the seller in this transaction, highlighting his role as the broker for this property sale. The sale underscores the demand for multifamily assets in the South Boston market.

Players

Adam Burns
Burns Realty & Investments
Adam Burns
3 deals$5.8M volume
BROKER

Details

SOLD
IMAGE: Adam Burns DATE: 09/11/2024 ADDRESS: 169 I Street MARKET: South Boston, MA ASSET TYPE: Multifamily BROKER: Adam Burns (@AdamBurnsBoston) - Burns Realty & Investments (@BurnsRealtyBoston) SALE PRICE: $1,763,020 SF: 2,505 ~ PPSF: $704 NOTE: A fully leased South Boston brick row house at 169 I St sold for $1.8M, featuring 8 beds and 3 baths across 2,505 sq. ft. Renovated in 2017, the turn-key property generates $12,300 in monthly rent and offers strong cash flow through August 2025.

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