1-4 Schrepel Pl, Boston, MA 02127
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$6,200,000
12 Unit
20 Beds
12 Baths
11070 SQFT
0.14 Acre

Property Description

1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 3
  • Total Bedrooms: 20
  • Total Full Baths: 12
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Public Transportation, Shopping, T-Station, University

Financial

  • APOD Available: Yes
  • Gross Operating Income: 458576
  • Gross Expenses: 100634
  • Net Operating Income: 357942

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73404175
  • Last Updated: 07/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/14/2025New$6,200,000$560MLSPIN
03/30/2024Expired$6,300,000$569MLSPIN
02/29/2024Temporarily Withdrawn$6,300,000$569MLSPIN
02/26/2024Extended$6,300,000$569MLSPIN
02/05/2024Active$6,300,000$569MLSPIN
02/01/2024Reactivated$6,300,000$569MLSPIN
02/01/2024Expired$6,300,000$569MLSPIN
12/19/2023Active$6,300,000$569MLSPIN
12/15/2023New$6,300,000$569MLSPIN
12/04/2023Killed$1$0MLSPIN
12/04/2023Killed$1$0MLSPIN
11/30/2023Temporarily Withdrawn$1$0MLSPIN
11/27/2023New$1$0MLSPIN

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Map

Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.5
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-14 15:59:00