2 months on rocket

272-274B Meridian, Boston, MA, 02128

$2,295,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Full Baths
2,912 SqFt
$788/SqFt
Multi

Location

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272-274B Meridian, Boston$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1899
BasementYes
MLS #73289670
Lot Size0.06 Acres
StatusActive

About 272-274B Meridian

Own a mixed-use commercial/residential building in East Boston with strong cash flow or transform into a larger redevelopment project! This 4-story property features a commercial space on the street level, along with 3+ residential units above. Great for a profitable buy/hold with potential 7%+ cap rate. With notable luxury apartment developments nearby, take advantage of Mixed-Use 7 story Zoning Designation in this emerging and growing area of the East Boston Waterfront. Located in between East Boston’s Historic Eagle Hill and Maverick Square, enjoy the convenience of Liberty Plaza (CVS, Shaw's, Kappy's Liquors), Meridian street restaurants/shops and direct access to Downtown Boston via Maverick MBTA (0.5 mile) or water ferry!

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Living Area: 2,912 SqFt

Listing Office:

  • Office Name: Carlton's Wharf & Co.
  • Office Phone: (617) 418-5222
  • Listing Agent: Jorge Rodriguez

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Vinyl, Varies, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Varies per Unit

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Gentle Sloping, Level
  • Lot Size: 0.06 Acres

Other

Directions Information:

  • Directions: Take Maverick T, walk 0.5 miles

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $788/SqFt
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Housing Market Comparison

See how this home compares to others in Boston, MA.

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Boston, MA

City

Med. Sold Price

$815.9K

Med. Price/SqFt

$660

Avg. Days On Market

40

# of Sold Homes

322

272-274B Meridian vs Boston

69 DAYS ON ROCKET

+29 Days

$2,295,000

+$1.4M More

$788/SqFt

+$127 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $127/SqFt more than other homes in Boston, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73289670

Listing Office:

  • Office Name: Carlton's Wharf & Co.
  • Office Phone: (617) 418-5222
  • Listing Agent: Jorge Rodriguez

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-191109
4
/10

  • Samuel Adams Elementary School

  • 165 Webster St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-191110
7
/10

  • James Otis

  • 218 Marion St

  • 0.42 miles

  • Public District Grades PK-6

school-card-donut-191111
3
/10

  • Hugh Roe O'Donnell Elementary School

  • 33 Trenton St

  • 0.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,500. The majority of Boston, MA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Suffolk County›Boston›02128›272-274B Meridian

This home is located at 272-274B Meridian in Boston, MA and zip code 02128 in the Maverick Square neighborhood. This 2,912 square foot home, which was built in 1899, sits on a 0.06 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $2,295,000.

In October 2024, from all listings sold in Boston, MA there were more than 106 sold above asking price, over 167 sold below and more than 49 were sold right at the asked price. The number of listings in Boston, MA increased by 9.7% between September 2024 and October 2024. In October 2024 median list price was $815,961 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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