229 Kelton StreetBoston, MA 02134MLS Number 72260039

  • Price: $500,000
  • 207 Days on Market
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Federal 30-year interest rate: 4.57% last updated on Jun 21, 2018
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    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 Realty Advisors

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    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

    Location

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

    Utilities

    • UtilitiesPublic Water, Public Sewer
    CENTURY 21  Advance Realty
    CENTURY 21 Advance Realty
    Office: 781-395-2121
    284 Salem Street
    Medford, MA 02115

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