142 Meridian St - Multi-Family FOR SALE


$2,400,000 USD
603-438-4208
142 Meridian St, Boston, MA for Sale
$2,400,000 USD
Multi-Family - FOR SALE
1/47
null | 4.57% Cap Rate


HIGHLIGHTS

  • 85% of the property was recently renovated
  • High traffic area

OVERVIEW

Introducing 140-142 Meridian Street in East Boston, a turnkey, mixed-use investment opportunity that rarely presents itself. Often times you’ll find outdated interiors, oddly configured spaces, or layouts that provide no opportunity for expansion or adding value. With this property, the opportunity for growth is plentiful, and on par with East Boston’s growth in general. The property was almost entirely renovated in 2025, with the office space, common areas, and 3 out of the 4 apartment units being tastefully updated. The non-renovated unit did have the flooring replaced, and is still very livable. Situated on one of East Boston’s busiest streets, the potential to add value is immense. Contact listing agent for financials and with any questions!

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$434 USD /SF

# OF UNITS

5

PRICE/UNIT

$480,000

CAP RATE

4.57%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

140-142 Meridian Street, East Boston MA 02128

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RC

APN/PARCEL ID

EBOS-000000-000001-005432

ASK ABOUT THIS PROPERTY

Michal WisniewskiRealty One Group Next LevelMore Info
603-438-4208

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Michal WisniewskiRealty One Group Next LevelMore Info
603-438-4208

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.