229 Kelton Street , A

    Boston, MA 02134
    • $500,000
    • STATUS: Active
    • MLS #: 72260039
    UPDATED: 62 min ago
    $500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Michael D'hemecourt of Boston Realty Advisors.

    Description

    229A Kelton Street is a single tenant NNN laundromat for sale in the Allston neighborhood of Boston. A laundromat has been in continual operation since 1984 as a pre-existing use. The grandfathered-in opportunity provides user-buyers a long track record of success and investors an insulated business use in a high barrier to entry market. Kelton Street Laundry recently signed a new seven year lease which investors can take advantage of a 21% rent increase in March of 2018 and 2% annual increases thereafter. This opportunity also provides user-buyers an excellent source of steady cash flow prior to taking over the space to implement their business plan.

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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 2018-08-17T23:49:23.57.
    www.refinderma.com/homes/79070649

    229 Kelton Street , A Boston, MA 02134

    • Price: $500,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 72260039
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Other
    County:
    Suffolk
    Area:
    Other
    Property Description
    229A Kelton Street is a single tenant NNN laundromat for sale in the Allston neighborhood of Boston. A laundromat has been in continual operation since 1984 as a pre-existing use. The grandfathered-in opportunity provides user-buyers a long track record of success and investors an insulated business use in a high barrier to entry market. Kelton Street Laundry recently signed a new seven year lease which investors can take advantage of a 21% rent increase in March of 2018 and 2% annual increases thereafter. This opportunity also provides user-buyers an excellent source of steady cash flow prior to taking over the space to implement their business plan.
    Exterior Features

    Location Urban Parking Spaces 0 Stories 1

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 1160.00 Rsf Building Sq Ft 0.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 217000.00 Assessed Value Land 0.00 Assessed Value Total 217000.00 Commercial Industrial Type Commercial Condo Disclosure No Exchange No Lease No Lease Price Includes Building Lease Type Net Lease Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2018 Taxes 5534.00 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Non-Conforming Zoning 357

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Michael D'hemecourt of Boston Realty Advisors.


    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 2018-08-17T23:49:23.57.
     
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    Listing courtesy of Michael D'hemecourt of Boston Realty Advisors.