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INVESTMENT SNAPSHOT
About this property
425 Border St. is a boutique apartment building located in East Boston. Built in 2023, the corner building consists of sixteen (16) residential units. The luxury, condominium-quality residences feature high-end kitchens and bathrooms, in-unit washer/dryers, elevator access, and garage parking. The building also offers both public and private roof decks with spectacular water and skyline views. Ten (10) of the sixteen (16) units offer water views. The property is fully leased and generating strong existing cash flow. Offered below replacement cost, 425 Border Street represents an attractive opportunity for investors seeking a 1031 exchange property and/or a potential future condominium exit strategy. The property provides investors with the opportunity to acquire a turnkey investment asset in one of Boston’s established residential neighborhoods. SEE FIRM REMARKS FOR ADDITIONAL INFORMATION
Property details
| Units | 16 |
| Living area | 16,610 sqft |
| Lot size | 5,243 sqft |
| Year built | 2023 |
| Price / sqft | $548 |
| County | Suffolk |
| MLS # | 73596404 |
Listing status
| Days on market | 0 days |
| Listed on | October 29, 2026 |
Taxes & financials
| Annual property tax | $75,522 |
| Tax year | 2027 |
| Assessed value | $6,031,200 |
| Zoning | A |
| Gross income (actual) | $79,800/yr |
| Net operating income (actual) | $79,800/yr |
| Total actual rent | $6,650/mo |
Building & lot
| Stories | 5 |
| Total rooms | 48 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 13 |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 425 Border, Boston MA 02128 have?
It is a 16-unit multi-family property with 16,610 sqft of living area, built in 2023.
How long has 425 Border, Boston MA 02128 been on the market?
425 Border, Boston MA 02128 has been listed for 0 days (since October 29, 2026).
What is the price per unit?
At a list price of $9,100,000 across 16 units, that works out to roughly $568,750 per unit.
What are the property taxes on 425 Border, Boston MA 02128?
Annual property taxes are $75,522 (2027), on an assessed value of $6,031,200.
What is the price per square foot?
At $9,100,000 for 16,610 sqft, that's about $548 per square foot.
Is there parking?
13 total parking spaces.
Where is this property located?
425 Border, Boston MA 02128 is in Boston, Suffolk County, MA 02128.
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