20 Melrose Street, Back BayBoston, MA 02116MLS Number 72096869

  • Price: $2,995,000
  • 239 Days on Market
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Federal 30-year interest rate: 4.03% last updated on May 25, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.09Acreage
  • 5200Square Feet

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Turn Key NNN ...Bay Village! Single tenant, Loft-like, well-appointed office space distributed over 3 floors with conf room, recptn area w/ 11 private offices plus ample storage space. Two deeded parking spaces inc in sale.4.5 years remaining on lease with annual bumps. Substantial recent 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 quiet street within walking distance to public transportation. Property is 1 of only a 2 unit condo Assoc shared with the building at 39 church. The property leasable sf includes an additional approx 1200 sf of common areas w/ sets of bathrooms located on 2 floors shared w/ 39 church plus 4002 sf of deeded private office 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 $350k of lease is securitized!!

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Location

  • Street No20
  • Building Number20
  • StreetMelrose Street
  • Zip02116
  • Zip Code 45510
  • StateMA
  • CountySuffolk
  • NeighborhoodBack Bay
  • TownBoston

Property

  • Acreage0.09
  • Parking Spaces2
  • Space AvailableFor Sale
  • Lot Size4003
  • Square Feet5200

Other

Building

  • No Units1
  • No Stories3
  • Parking FeatureAssigned
  • Total Units1

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Back Bay Boston, MA Schools

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