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32930724
32930726

140-142 Meridian Street, Boston, MA 02128 For Sale

MW
$2,400,000
53 days on market
Updated 50 days ago

140-142 Meridian Street

Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 5,535
Units 5
Cap Rate 4.57%
NOI $109,785
Occupancy 80%
Tenancy Multi
Pro-Forma Cap Rate 7.57%
Pro-Forma NOI $181,785
Class B
Year Built 1899
Year Renovated 2025
Buildings 1
Acreage 0.050
Zoning RC
Ground Lease No

An almost entirely turnkey offering, with value add opportunities remaining!

Marketing description

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 Often times you’ll find outdated interiors, oddly configured spaces, or layouts that provide no opportunity for expansion or adding value.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!

Listing Contacts

MW

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,785.00
$9,148.75/mo

Valuation Metrics

0
DSCR
4.57%
Cap Rate
4.57%
ROI

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Additional Information

Name
Michal Wisniewski
License
9575634
Brokerage
Realty One Group Next Level
Brokerage Phone
888.888.7653
Title
Real Estate Salesperson
Brokerage Address
40 Harvey Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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