20 Melrose St

    Boston, MA 02116
    • $2,850,000
    • STATUS: Active
    • MLS #: 72405225
    UPDATED: 31 min ago
    $2,850,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,300
      SQFT
    • $538
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Herb Entwistle of Cityscapes International Realty.

    Description

    Turn Key NNN ...Bay Village! 5% cap! Loft-like, well-appointed office space distributed over 3 floors with conf room, reception area w/ 11 private offices plus ample storage space. Two deeded parking spaces inc in sale. 2 years remaining on lease 2% bumps then full market. Substantial renovations to property's interior as well as roof and AC system. Steps to Back Bay and S End shops and restaurants. Free standing one tenant building on a quiet street. Property is 1 of only a 2 unit condo assoc shared with the building at 39 church. the buildings share a rear egress. The property leasable sf includes an additional approx 1300 sf of common areas w/ 2 sets of bathrooms located on 2 floors shared w/ 39 church and has 4002 sf of exclusively deeded private space. Rental bumps yearly. Property is zoned for Residential or Commercial and could be converted back to a single family or multiple apartments down the road and or potential 3rd fl addition Over $160k of the lease is securitized.

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    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. Data last updated 2019-05-25T21:47:22.613.
    www.vanguard-realty.com/homes/88187307

    20 Melrose St Boston, MA 02116

    • Price: $2,850,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 72405225
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,300
    SQFT
    $538
    $/SQFT
    1900
    Built
    Neighborhood:
    Back Bay
    County:
    Suffolk
    Area:
    Back Bay
    Property Description
    Turn Key NNN ...Bay Village! 5% cap! Loft-like, well-appointed office space distributed over 3 floors with conf room, reception area w/ 11 private offices plus ample storage space. Two deeded parking spaces inc in sale. 2 years remaining on lease 2% bumps then full market. Substantial renovations to property's interior as well as roof and AC system. Steps to Back Bay and S End shops and restaurants. Free standing one tenant building on a quiet street. Property is 1 of only a 2 unit condo assoc shared with the building at 39 church. the buildings share a rear egress. The property leasable sf includes an additional approx 1300 sf of common areas w/ 2 sets of bathrooms located on 2 floors shared w/ 39 church and has 4002 sf of exclusively deeded private space. Rental bumps yearly. Property is zoned for Residential or Commercial and could be converted back to a single family or multiple apartments down the road and or potential 3rd fl addition Over $160k of the lease is securitized.
    Exterior Features

    Construction Brick Location DowntownHistoricPublic Transportation Parking Features AssignedPaved Driveway Parking Spaces 2 Roof Material Membrane Site Condition Improved Stories 3

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Restrooms 4 Rsf Building Sq Ft 0.00 Total Building Sq Ft 5300.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 823500.00 Assessed Value Land 0.00 Assessed Value Total 823500.00 Commercial Industrial Type Commercial Disclosure Yes Disclosures Actually Private Deeded Space is 4002 Sf includes 50% Ownership And Leasable Additional Approx 1300 Sf Shared Common Space including 4 Restrooms. Exchange No Lease Yes Lease Price Includes Building Lease Type Triple Net Lease (Nnn) Lender Owned No Mau Units 0 Net Operating Income 142500.00 Ofu Units 1 On File21 E No Reu Units 0 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Special Financing No Sublet No Tax Year 2018 Taxes 20924.00 Total Units 1 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Comm Res

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Herb Entwistle of Cityscapes International Realty.


    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. Data last updated 2019-05-25T21:47:22.613.
     
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    Listing courtesy of Herb Entwistle of Cityscapes International Realty.