75 Harrison Ave

    Boston, MA 02111
    • $4,500,000
    • STATUS: Active
    • MLS #: 72567084
    UPDATED: 67 min ago
    $4,500,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,200
      SQFT
    • $865
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Jenny Ng of The Network Group.

    Description

    As rare as a Unicorn!!! Mixed use building for sale in Boston's Chinatown on the open market. Best location in Chinatown. Solid building. Great condition. Rent is an estimate of the fair market rent. First floor retail tenant has been there over 17 years. 2nd floor is owner occupied. 3rd & 4th floors are 3 & 4 bedroom apartments. First floor rent is $10,000/month plus paying a portion of the RE taxes and water & sewer charges. Lease expires in Jan 2020. Market rent can easily be $1400/month. 3rd & 4th floors are TAW. Potential to build on top. Seller makes no warranties or representations. Buyer must perform own due diligence regarding future development. Like a unicorn, it can disappear in a blink. Proof of funds required before showing.

    Monthly Payment Calculator



    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 2019-10-15T09:06:16.33.
    www.mraboston.com/homes/99090097

    75 Harrison Ave Boston, MA 02111

    • Price: $4,500,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 72567084
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    5,200
    SQFT
    $865
    $/SQFT
    1910
    Built
    Neighborhood:
    Chinatown
    County:
    Suffolk
    Area:
    Chinatown
    Property Description
    As rare as a Unicorn!!! Mixed use building for sale in Boston's Chinatown on the open market. Best location in Chinatown. Solid building. Great condition. Rent is an estimate of the fair market rent. First floor retail tenant has been there over 17 years. 2nd floor is owner occupied. 3rd & 4th floors are 3 & 4 bedroom apartments. First floor rent is $10,000/month plus paying a portion of the RE taxes and water & sewer charges. Lease expires in Jan 2020. Market rent can easily be $1400/month. 3rd & 4th floors are TAW. Potential to build on top. Seller makes no warranties or representations. Buyer must perform own due diligence regarding future development. Like a unicorn, it can disappear in a blink. Proof of funds required before showing.
    Exterior Features

    Construction Brick Location DowntownUrbanHighway AccessPublic TransportationCentral Business DistrictNeighborhood Parking Spaces 0 Roof Material Rubber Site Condition DryLevel Stories 4

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 1300.00 Restrooms 5 Rsf Building Sq Ft 2600.00 Total Building Sq Ft 5200.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 647300.00 Assessed Value Land 287700.00 Assessed Value Total 935000.00 Commercial Industrial Type Commercial Disclosure No Exchange No Gross Annual Expense 32660.00 Gross Annual Income 314000.00 Lease Yes Lease Type Net Lease Lender Owned No Mau Units 0 Net Operating Income 282000.00 Ofu Units 1 On File21 E No Reu Units 1 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 23375.00 Total Units 4 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Mix

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Jenny Ng of The Network Group.


    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 2019-10-15T09:06:16.33.
     
    Compass
    126 Newbury Street
    Boston MA, 02118
    Listing courtesy of Jenny Ng of The Network Group.