Property Description
The apartments located at 106 Tyler Street in the Chinatown neighborhood of Boston and steps from Tufts Medical. The building is comprised of 5 floor-thru units with retail at street level, 1-three bedroom/two bath and 3-four bedroom/two bath. The building is set on the corner of Tai-Tung Street and went through a complete rehab with a new addition in 2008. Units have updated kitchens, hardwood floors and laundry in each. The retail was occupied by a hair salon and is currently vacant. According to the owner this unit could be converted to residential.
Location Description
106 Tyler Street is a multifamily investment opportunity located in Boston’s Chinatown neighborhood, one of the most centrally located and densely developed residential districts in the city. Situated in the heart of downtown Boston, the property benefits from immediate access to major employment centers, world-class medical facilities, universities, cultural attractions, dining, and retail amenities, supporting consistently strong demand for urban housing.
Chinatown is positioned within Boston’s Downtown core and is surrounded by some of the city’s most prominent institutions and neighborhoods, including the Financial District, Downtown Crossing, the Boston Common, the South End, and the Seaport. The area offers residents an exceptional walkable urban lifestyle with convenient access to restaurants, shopping, entertainment, and major employers. Its central location and limited availability of residential land contribute to strong long-term rental demand and high barriers to new housing development.
The property benefits from excellent public transportation access, with multiple MBTA subway and commuter rail stations located within close proximity, providing convenient connections throughout Boston and the broader metropolitan area. Major regional roadways, including Interstate 93 and the Massachusetts Turnpike, are also readily accessible, further enhancing connectivity for residents and commuters.
Overall, 106 Tyler Street presents an opportunity to acquire a multifamily asset in one of Boston’s most supply-constrained and strategically located neighborhoods, supported by exceptional transit accessibility, a diverse employment base, strong tenant demand, and long-term appreciation potential.