Overview
- Updated On:
- May 22, 2022
- 2 Bedrooms
- 4 Bathrooms
- 3,332 ft2
Description
After 84 years of family ownership, 584-586 East Broadway is for sale once again! This 3-unit, mixed-use multi-family building sits on the east side of South Boston between H and I Street. Located on the hilly side of East Broadway where neighboring properties resemble the painted ladies in a San Fran-type vibe. The building gets beautiful southwestern exposure year round. Facing Broadway you have a street-level commercial yoga studio and two 1-bedroom apartments above. On the rear side of the building (Emerson Street) you have a walk-in hair salon with it’s own signage and private entrance. Fully leased, you have the potential of 4 units worth of income. The residential apartments on the 2nd and 3rd floor stretch only half the distance of the building. This allows for potential future value-add converting the residential rentals to larger condos. Plans from a 2010 architectural proposal are available! Please see firm remarks for the URL to the property website. Listed by James Riel