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229 Kelton StreetBoston, MA 02134MLS Number 72260039

  • Price: $500,000The price has recently decreased
  • 263 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.53% last updated on 2018-08-16

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • CIProp Type
  • BuildingLease Price Includes
  • 229Street No
  • AUnit No

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.

Listed by Michael d'Hemecourt of Boston Lofts

Driving Directions

Boston Lofts

Your Local Office

Boston Lofts
745 Boylston Street
Boston MA, 02116

Office: 617-417-9237 / 617-642-4538

More Info

Parking

  • Parking Spaces

Building

  • Reu Units1
  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg217000

Property

  • Space AvailableFor Sale
  • SubletNo
  • Main LoNB9260

Photos

  • Photo Date2017-11-30T15:11:00
  • Number of Photos3

Basic Information

  • StatusACT
  • MLS Number72260039
  • Prop TypeCI
  • Status Date2018-05-01T08:26:00
  • Date Listed11/30/2017
  • List Price$500,000
  • LeaseNo
  • Lease Price IncludesBuilding
  • Lease TypeNet Lease
  • DirectionResidential corner of Kelton Street and Woodstock Avenue only steps from the Allston Street T Stop.

Other

  • Modification Date2018-05-05T04:05:00
  • Property TypeCommercial Condo
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book1
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf1160
  • ExchangeNo
  • Firm Rmk1Ideally situated on the residential corner of Kelton Street and Woodstock Avenue, less than 0.25 miles from the Allston Street Green Line T Stop providing direct access to Downtown Boston. This offering is being sold on an unpriced basis as the list price
  • Page1
  • View Count26

Location

  • Building Number229
  • Street No229
  • Unit NoA
  • StreetKelton Street
  • TownBoston
  • StateMA
  • Zip02134
  • CountySuffolk
  • LocationUrban

Utilities

  • UtilitiesPublic Water, Public Sewer

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