• 0 / 0
  • 112
  • 5300
  • 1900
  • 538
Active Status Commercial/Industrial
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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.

Address: 20 Melrose St
State: MA
City: Boston
County: Suffolk
Zip Code: 02116
MLS#: 72588878
MLS Area: Bay Village
Taxes: $20,924

Interior Details

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  • Extras:Downtown,Historic,Public Transportation
  • Other Rooms:

Exterior Details

  • Home Construction
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  • Roof Type:Membrane
  • Garage Spaces:
  • Pool:No
  • Utilities:Public Water,Public Sewer
  • Lot Description:
  • Lot Size:Improved
  • Parking:Assigned,Paved Driveway

Community Details

  • HOA: $0/mo
    Fees Include:
  • Misc:Commercial

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Charles Street to Melrose St

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Property Information Last Updated: 11/20/2019 10:43:01 AM
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