Investment Overview
The apartments located at 106 Tyler Street in the Chinatown neighborhood of Boston and steps from Tufts Medical. The building is comprised of 5 floor-thru units with retail at street level, 1-three bedroom/two bath and 3-four bedroom/two bath. The building is set on the corner of Tai-Tung Street and went through a complete rehab with a new addition in 2008. Units have updated kitchens, hardwood floors and laundry in each. The retail was occupied by a hair salon and is currently vacant. According to the owner this unit could be converted to residential.
Investment Highlights
- Mixed-Use Chinatown Property: Five residential floor-through units with an additional street-level retail space.
- Residential Unit Mix: Includes one three-bedroom/two-bath unit and three four-bedroom/two-bath units;
- Complete Rehabilitation & Addition: Property was fully rehabbed with a new addition in 2008.
- Updated Residential Features: Kitchens, hardwood floors, and laundry in each residential unit.
- Vacant Retail Space: Formerly occupied by a hair salon; owner indicates potential for residential conversion, subject to approvals.
- Steps from Tufts Medical Center: Centrally located near major medical, employment, educational, and cultural institutions.
- Highly Walkable Location: Close to Downtown Crossing, the Financial District, Boston Common, the South End, restaurants, shopping, and entertainment.
- Transit-Oriented Investment: Excellent access to MBTA public transportation and major regional roadways.