65-65A Beach St, Boston, MA
9 bd · 7 ba · 6,650 sqft Multi-Family listed at $5,280,000, built in 1920 in the Chinatown - Leather District neighborhood.
About this home
Prime mixed-use investment opportunity in Boston's Chinatown area. This 4-story building includes 6 residential units and 1 street-level retail space, generating approximately $285,000 in current gross annual income with projected income potential exceeding $300,000. The property has historically maintained strong occupancy, providing stable cash flow-approximately 6,650 SF gross building area with 5,320 SF residential living area. Low real estate taxes and manageable operating expenses enhance investment performance. Conveniently located near downtown, public transportation, medical facilities, restaurants and retail amenities. Excellent long-term appreciation and value-add potential. Property sold as-is. All information to be verified by buyer.
Property details
- Price
- $5,280,000
- Bedrooms
- 9
- Bathrooms
- 7
- Interior
- 6,650 sqft
- Price / sqft
- $794
- Year built
- 1920
- Lot size
- 1,388 sqft
- Type
- Multi-Family
- Days on market
- 36
- Est. property tax
- $63,360/yr · $5,280/mo · 1.2% MA avg
Estimated monthly payment
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Location
This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.
About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)
Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 02111)
This neighborhood skews young (median age 30.7) and is primarily renter-occupied (28% owner-occupied). 25% hold a bachelor's degree; median household income is $72,321.
- Median income
- $72,321
- Median age
- 30.7
- Owner-occupied
- 28.2%
- Bachelor's degree
- 24.9%
- Census median home value
- $951,800
Source: US Census Bureau American Community Survey 5-year estimates.
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