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65 Meridian , B

Boston, MA 02128
  • $460,000
  • STATUS: Active
  • MLS #: 73350735
UPDATED: 80 min ago
$460,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Listing courtesy of Brian Rivas of Carlton's Wharf & Co..

Description

Attention buy/hold investors looking to diversify their portfolio or owner operators that want to open a new business! 65 Meridian Street offers a great opportunity to own rarely available commercial condos near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is currently occupied and offering a 5% cap rate to potential new ownership with a lease expiring in 2026. This 4-story building was gut renovated in 2019 with 6 residential condos above and next to another commercial space also offered for sale. Location has an amazing 96 walk score and high foot traffic, situated 0.3 miles from the Blue Line Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston. Take advantage of the emerging East Boston market with heavy upside and consistent yearly growth opportunities.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-04-27T14:04:56.52.
www.maloneypropertiesrealestate.com/homes/161929078
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65 Meridian , B Boston, MA 02128

  • Price: $460,000
  • Status: Active
  • On Site: Days
  • Updated: 80 min ago
  • MLS #: 73350735
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2019
Built
County:
Suffolk
Property Description
Attention buy/hold investors looking to diversify their portfolio or owner operators that want to open a new business! 65 Meridian Street offers a great opportunity to own rarely available commercial condos near the Maverick Square neighborhood of East Boston. Unit "B" is a ground floor, retail space that is currently occupied and offering a 5% cap rate to potential new ownership with a lease expiring in 2026. This 4-story building was gut renovated in 2019 with 6 residential condos above and next to another commercial space also offered for sale. Location has an amazing 96 walk score and high foot traffic, situated 0.3 miles from the Blue Line Maverick MBTA and next to bustling waterfront with direct access to Downtown Boston. Take advantage of the emerging East Boston market with heavy upside and consistent yearly growth opportunities.
Exterior Features

Parking Total 0 Roof Rubber Waterfront YN No

Property Features

Association Fee 611.56 Association YN Yes Business Type Commercial Condo Disclosures Modified Gross Lease: Tenants pay separately metered utilitiesOwner pays condo fees and taxes. Current rent is $2813.77/monthrent to increase $2898.18 on 11/01/2025 with lease ending 10/31/2026. Existing Lease Type Other (See Remarks) Gross Income 33765 Home Warranty YN No Net Operating Income 23030 Operating Expense 10734 Senior Community YN No Tax Annual Amount 3395.7 Tax Year 2025 Utilities Public WaterPublic Sewer Zoning 0357

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Brian Rivas of Carlton's Wharf & Co.: 617-418-5222.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-04-27T14:04:56.52.
 
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Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Brian Rivas of Carlton's Wharf & Co..