16 Norwell St Boston MA 02121 MLS #73332417

16 Norwell St
Boston, MA, 02121
$1,049,000
8 Beds
3 Baths
2,627 SqFt
0.04 Acres
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Are you looking to build equity through cosmetic improvements and generate consistent rental income along the way? This Row-End three-family is a fantastic investment opportunity! Featuring one 2-bedroom apartment and two 3-bedroom apartments, this property offers you versatility, and potential long-term value. Each of the units has accommodating living space with well-appointed kitchens, and updates that the blend modern conveniences with the timeless charm expected of an 1890 build. The solid brick exterior offers durability and low maintenance, while the property’s location provides quick access to public transportation, shopping, and dining. Newer Electrical, Updated Bathrooms & Kitchens, 3 New Hot Water Tanks, 2 New Boilers and Coin Op Laundry located in the basement. Each apartment is separately metered and has received a Lead Inspector’s Letter of Compliance!

Property Details

Price:
$1,049,000
MLS #:
73332417
Status:
Active
Beds:
8
Baths:
3
Address:
16 Norwell St
Type:
Multi Family
Subtype:
3 Family
City:
Boston
Listed Date:
Feb 5, 2025
State:
MA
Finished Sq Ft:
2,627
Total Sq Ft:
2,627
ZIP:
02121
Lot Size:
1,657 sqft / 0.04 acres (approx)
Year Built:
1890
Units:
3
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Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile

Exterior

Community Features
Public Transportation, T- Station, Sidewalks
Construction Materials
Brick
Exterior Features
Garden
Roof
Rubber

Financial

Net Operating Income
$83,484
Tax Year
2024
Taxes
$9,349

Map

Community

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