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167 Lexington St 3 Unit Apartment Building $1,600,000 ($533,333/Unit) 7.56% Cap Rate Boston, MA 02128



Executive Summary
Property Overview:
Nestled in the heart of East Boston's dynamic Eagle Hill neighborhood, this 4-story, 3-unit condominium building is a remarkable find. Recently renovated with modern amenities and finishes, each unit in this building offers unique charms and upscale living. With its proximity to the waterfront and stunning views of the Boston skyline, this property is a perfect blend of city vibrancy and serene living.
Unit 1 - Ground Floor with Split-Level Design:
Layout: This unit spans two levels, offering an innovative split-level design that maximizes space and privacy.
Bedrooms: It houses a spacious master suite and two additional bedrooms, providing ample space for family or guests.
Special Features: A dedicated media room adds a touch of luxury, perfect for entertainment or a home cinema experience.
Outdoor Space: The private deck off the living area is a serene retreat, ideal for relaxing or outdoor dining.
Unit 2 - Second Floor, 2 Bed, 1 Bath:
Elegant Living: This beautifully appointed 2-bedroom, 1-bathroom unit is a blend of comfort and style.
Open Plan Living: The living and dining area, complemented by a well-equipped kitchen, makes for an inviting space that's perfect for entertaining.
Bedrooms: Both bedrooms are well-proportioned, with large windows allowing natural light to flood the space.
Unit 3 - Penthouse with Panoramic Views:
Luxury Penthouse: Occupying the top floor, this unit is the crown jewel of the building.
Bedrooms and Bathrooms: It boasts spacious bedrooms and luxurious bathrooms.
Unparalleled Views: With one of the highest private decks in Eagle Hill, the views of Boston are simply breathtaking.
Deck Space: This extensive outdoor area is perfect for hosting gatherings or enjoying quiet evenings under the stars.
Building Features:
Outdoor Spaces: Each unit has access to private outdoor spaces, be it a deck or patio, offering residents a personal oasis.
Central Air and Heating: State-of-the-art central air and heating systems ensure year-round comfort.
Newly Renovated: The entire building has undergone extensive renovations, featuring high-quality materials and modern finishes.
Location and Amenities:
Proximity to Waterfront: Just minutes from the waterfront, residents can enjoy leisurely walks, outdoor activities, and scenic views.
Eagle Hill Location: Located in one of East Boston's most sought-after neighborhoods, the building is close to a variety of dining, shopping, and entertainment options.
Transportation: Excellent public transportation options are available, making commuting to downtown Boston and other areas convenient.
Conclusion:
This unique 3-unit condo building in East Boston is more than a residence; it's a lifestyle choice for those seeking luxury, comfort, and the vibrancy of city life combined with the tranquility of waterfront living. Whether you desire the spaciousness of a split-level home, the elegance of a 2-bedroom unit, or the exclusive luxury of a penthouse with unmatched views, this property offers something special for everyone.
Nestled in the heart of East Boston's dynamic Eagle Hill neighborhood, this 4-story, 3-unit condominium building is a remarkable find. Recently renovated with modern amenities and finishes, each unit in this building offers unique charms and upscale living. With its proximity to the waterfront and stunning views of the Boston skyline, this property is a perfect blend of city vibrancy and serene living.
Unit 1 - Ground Floor with Split-Level Design:
Layout: This unit spans two levels, offering an innovative split-level design that maximizes space and privacy.
Bedrooms: It houses a spacious master suite and two additional bedrooms, providing ample space for family or guests.
Special Features: A dedicated media room adds a touch of luxury, perfect for entertainment or a home cinema experience.
Outdoor Space: The private deck off the living area is a serene retreat, ideal for relaxing or outdoor dining.
Unit 2 - Second Floor, 2 Bed, 1 Bath:
Elegant Living: This beautifully appointed 2-bedroom, 1-bathroom unit is a blend of comfort and style.
Open Plan Living: The living and dining area, complemented by a well-equipped kitchen, makes for an inviting space that's perfect for entertaining.
Bedrooms: Both bedrooms are well-proportioned, with large windows allowing natural light to flood the space.
Unit 3 - Penthouse with Panoramic Views:
Luxury Penthouse: Occupying the top floor, this unit is the crown jewel of the building.
Bedrooms and Bathrooms: It boasts spacious bedrooms and luxurious bathrooms.
Unparalleled Views: With one of the highest private decks in Eagle Hill, the views of Boston are simply breathtaking.
Deck Space: This extensive outdoor area is perfect for hosting gatherings or enjoying quiet evenings under the stars.
Building Features:
Outdoor Spaces: Each unit has access to private outdoor spaces, be it a deck or patio, offering residents a personal oasis.
Central Air and Heating: State-of-the-art central air and heating systems ensure year-round comfort.
Newly Renovated: The entire building has undergone extensive renovations, featuring high-quality materials and modern finishes.
Location and Amenities:
Proximity to Waterfront: Just minutes from the waterfront, residents can enjoy leisurely walks, outdoor activities, and scenic views.
Eagle Hill Location: Located in one of East Boston's most sought-after neighborhoods, the building is close to a variety of dining, shopping, and entertainment options.
Transportation: Excellent public transportation options are available, making commuting to downtown Boston and other areas convenient.
Conclusion:
This unique 3-unit condo building in East Boston is more than a residence; it's a lifestyle choice for those seeking luxury, comfort, and the vibrancy of city life combined with the tranquility of waterfront living. Whether you desire the spaciousness of a split-level home, the elegance of a 2-bedroom unit, or the exclusive luxury of a penthouse with unmatched views, this property offers something special for everyone.
Property Facts
| Price | $1,600,000 | Apartment Style | Townhome |
| Price Per Unit | $533,333 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.56% | Building Size | 2,901 SF |
| Sale Condition | 1031 Exchange | No. Stories | 3 |
| No. Units | 3 | Year Built/Renovated | 1920/2024 |
| Property Type | Multifamily | Parcel Number | EBOS-000000-000001-002982 |
| Property Subtype | Apartment | ||
| Zoning | CM | ||
| Price | $1,600,000 |
| Price Per Unit | $533,333 |
| Sale Type | Investment |
| Cap Rate | 7.56% |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 2,901 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2024 |
| Zoning | CM |
| Parcel Number | EBOS-000000-000001-002982 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Walk-In Closets
- Yard
- Breakfast Nook
- Dining Room
- Garden
- Lawn
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $3,000 | 634 - 844 |
| 3+2 | 1 | $4,000 | 1,423 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
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167 Lexington St
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