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9 Bowdoin St 14 Unit Apartment Building $5,995,000 ($428,214/Unit) 5.53% Cap Rate Boston, MA 02114
Executive Summary
9 Bowdoin Street is a 10,134 Sq Ft mixed-use building located in the historic and highly desirable Beacon Hill neighborhood of Boston. The building is comprised of 12
residential units, 9 one bedroom units and three efficiency units with a shaed bathroom. Additionally, the first two floors are comprised of two commercial spaces occupied my Teddy's on the Hill and the Red Hat, totaling over 3,000 square feet. 9 Bowdoin is perfectly situated at the corner of Bowdoin and Cambridge Streets. Future ownership will be well positioned, with options to continue operating these units as rental properties, or renovate and convert into condominiums.
residential units, 9 one bedroom units and three efficiency units with a shaed bathroom. Additionally, the first two floors are comprised of two commercial spaces occupied my Teddy's on the Hill and the Red Hat, totaling over 3,000 square feet. 9 Bowdoin is perfectly situated at the corner of Bowdoin and Cambridge Streets. Future ownership will be well positioned, with options to continue operating these units as rental properties, or renovate and convert into condominiums.
Property Facts
| Price | $5,995,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $428,214 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 5.53% | Building Size | 10,000 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | L-2-65, Boston | ||
| Price | $5,995,000 |
| Price Per Unit | $428,214 |
| Sale Type | Investment |
| Cap Rate | 5.53% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | L-2-65, Boston |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | CBOS-000000-000003-000027 | Improvements Assessment | $2,098,000 |
| Land Assessment | $794,200 | Total Assessment | $2,892,200 |
Property Taxes
Parcel Number
CBOS-000000-000003-000027
Land Assessment
$794,200
Improvements Assessment
$2,098,000
Total Assessment
$2,892,200
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Presented by
Luxury Residential Group
9 Bowdoin St
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