225 London St

Boston, MA 02128

$975,088
Last Sold Price
3
Beds
2,454 Sq. Ft.
$397 / Sq. Ft.
2,454
Sq. Ft.
$397
per Sq. Ft.
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Sold 12/3/24
Sold 12/3/24
a front view of an apartment building
a kitchen with a stove a sink and a microwave
a kitchen with a refrigerator a stove top oven a sink dishwasher and white cabinets with wooden floor
a bedroom with a bed and a window
a bedroom with a bed and a closet
a bathroom with a toilet sink and shower curtain
a view of balcony with wooden floor
a front view of a multi story building
a front view of a multi story building
a view of entryway

Description

Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm,...Exciting value-add opportunity in desirable East Boston! This mixed-use building offers both commercial and residential zoning, with a barber shop on the first floor under a 10-year lease. The current rent is $2,500/month and will increase to $3,000/month in May 2025, with an additional $100 increase each year until the lease ends in 2033. Unit 2 leased thru 4/30/25, Unit 3 is TAW, providing flexibility for future occupancy or rent adjustments. The 3rd flr unit has a renovated kit, and a bonus rm, while the 2nd flr offers potential for a 2nd bdrm and TLC. The roof is approx 4 yrs old, adding to the property’s overall value and appeal. Located just a 15-minute walk from the MBTA’s Airport Station, Bremen Street Dog Park, and the scenic East Boston Greenway, the property also provides easy access to major highways for convenient connections to downtown Boston and surrounding areas. Note: Some rooms in the top two units have been used as bedrooms but do not include closets. Sold "as is"!
  1. Listed by Diana Franco • Century 21 North East

Property Details for 225 London Street

Town
Boston
MLS Area
East Boston
Area
MA-Boston-East Boston, MA-Boston
Garage Spaces
0
Open Parking Spaces
.00
LISTING UPDATED: 12/05/2024 11:16 AM

Property Details for 225 London Street

StatusSold
MLS #73310600
Days on Market13
Taxes$999,999 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1935
CountySuffolk County
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Location

Listing Courtesy of Century 21 North East, Diana Franco

Sold By Century 21 North East, Diana Franco

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Building Information for 225 London Street

Stories6Residences3Year Built1935Building Size-Lot Size0.02 AC / 1,080 SF

Payment Calculator

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$88,243 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,910

Property Taxes

$83,333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 225 London Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station
  • Current Financing: Cash
  • Living Area: 2454.0
  • Color: Beige
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partially Finished
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 2 is flexible if buyer would like this unit vacant.
Tax Information
  • Tax ID: 1332267
  • Assessments: $319,000
  • Book: 69640
  • Tax Year: 2024
  • Zoning: RC
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $99,600.00
  • NOI: $99,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,800.00

Property History for 225 London Street

DateEvent & SourcePriceAppreciation
Dec 3, 2024

Sold

MLS PIN #73310600

$975,088—
Nov 13, 2024

Under Agreement

MLS PIN #73310600

—
Nov 13, 2024

Contingent

MLS PIN #73310600

—
DateEvent & SourcePrice
12/03/2024

Sold

MLS PIN #73310600

$975,088
11/13/2024

Under Agreement

MLS PIN #73310600

—
11/13/2024

Contingent

MLS PIN #73310600

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 225 London Street

Taxable ValueLand$75,500Additions$226,500Total$302,000
Home Facts
Total Finished SqFt2,454 SqFtAbove Grade Finished SqFt2,454 SqFtStories3Lot Size1,080 SqFtStyleOffice BuildingYear Built1935ZoningRCCountySUFFOLKAPNEBOS W:01 P:06182 S:000

Schools near 225 London Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Otis Elementary School
Public - PK to 6
Umana/Alighieri K-8
Public - PK to 8
East Boston High School
Public - 7 to 12
Hugh Roe O'Donnell Elementary School
Public - PK to 6
Rating
School
Distance
Otis Elementary School
PublicPK to 6

Umana/Alighieri K-8
PublicPK to 8

East Boston High School
Public7 to 12

Hugh Roe O'Donnell Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 North East, Diana Franco

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.