43 Rutland St - Multi-Family FOR SALE


Boston, MA 02118- South End Boston
$9,000,000 USD
617-371-7276
43 Rutland St, Boston, MA for Sale
$9,000,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

43 Rutland St
Boston, MA 02118
South End Boston


OVERVIEW

Amazing development potential. Former Rutland Street Schoolhouse with existing 10,110 square feet is now available to purchase and improve. Lot size is 7,850 sq ft and a R-2 zoning. An Opportunity like this doesn't come along often in the South End. Attached are the sellers architects' various formulations for building out the building from what they say is a current 10,110 square foot existing building. They have a 11,150 sq ft version, a 14,380 sq ft [only 6 units] version then lastly a 15,290 version [8 units]. City of Boston would have to approve any further added square footage and legal residency from its existing 4 family status. The attached plans are only representations of potential usages. Legal confirmation is needed in the future. It is an existing 4 family consisting of approximately 10,000 square feet.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$890 USD /SF

# OF UNITS

4

PRICE/UNIT

$2,250,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

35-43 Rutland

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2

APN/PARCEL ID

CBOS-000000-000009-000447

ASK ABOUT THIS PROPERTY

Michael HartwickGibson Sotheby's International RealtyMore Info
617-371-7276

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Michael HartwickGibson Sotheby's International RealtyMore Info
617-371-7276

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