Off-Market Condo at 9 W Broadway, South Boston, MA 02127

9 W Broadway, South Boston, MA 02127

Unit - #410

$1,049,999

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $318 per day and long-term for an average of $4,341 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of -3.1%. SOHO Style Brick+Beam Loft Design in Boston! 2BR/2BA, 1195 SF. Perfect location at the intersection where South End, South Boston & Seaport meet. 10+ ft beamed ceilings & exposed brick walls. Modern Contemporary Flare. Sleek kitchen w/stainless steel appliances, stone countertops and a large island. Two Full Bathrooms, both have been TOTALLY renovated by the current owners. Spacious living room with great skyline Views to the West showcasing lovely sunsets. Custom Crystalia Glass doors showcase the original elevator shaft which operates as the 2nd bedroom/den/office. The primary suite fits a king size bed, two closets, and a spacious en-suite bathroom. Central A/C & Washer/Dryer in the unit. Court Square Press is a vibrant fully amenitized building. On site 24/7 concierge, professional mgmt, garage parking included (rental pre-paid for 1 year), fitness center, bike storage & pool terrace w/BBQ. Pet friendly! bike storage. Red Line T right across the street, easy access to I-93 & I-90.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$979
Rental Policy
daily
Yearly Taxes
$5960
Bedrooms
2
Bathrooms
2
SQFT
1,195
Furnished
N/A
Year built
1906
Listing Status
Off Market
MLS
73341795

Short-term Rental Potential
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$74,688

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$878

Price/SQFT

Long-term Rental Potential
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$52,092

Revenue
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Profit
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Cap rate
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Cash on Cash
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$4,341/mo

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