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522 E 8th St Unit 2, South Boston, MA 02127

2 Bed, 1 Bath Condo For Sale

522 E 8th St Unit 2, South Boston, MA 02127 Condo For Sale - MLS #72446747
Off the Market
$485,000
2
1
Condo
2/3 Family

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Property Description for 522 E 8th St Unit 2, South Boston, MA 02127

Fantastic chance to get into the red hot Southie investment market! This investment opportunity currently rented for $2,500/mo till 09/01/19 produces a 5% cap rate and has everything a landlord could want: great tenants on a September lease cycle w/ last month rent & full security deposit in place, low condo fees & taxes, small 3 unit highly owner occupied self-managed association, healthy reserves, no assessments and tenants pay all utilities! Many new updates such as a brand new furnace, high efficiency central air conditioning, new windows throughout and a front door smart lock so your packages won't sit out on the stoop in the cold. Extra storage in the basement. Easy permit parking one block over and plenty of visitor spots in the neighborhood. With two bedrooms on opposite ends of this 2nd floor front to back unit and located in the sought after East Side of South Boston right near the beach, you will never have trouble renting this property.

Interior Details

548 sq. ft.
$885.04/sq. ft.

Exterior Details

0.01 acres
548 sq. ft.

Other Details

72446747
1905
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MBTA> Stations Stops

Andrew Station
0.85 miles
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0.94 miles
JFK UMass
0.94 miles
Silver Line Way Station
1.13 miles
Broadway Station
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Town Description

Once a predominantly Irish Catholic community, in recent years South Boston has become increasingly desirable among young professionals and families who are attracted to the neighborhood's strong...

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