9 Needhams Landing
$12,200,000
52
Beds
42
Baths
27,840
Sqft
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$12,200,000
52
Beds
42
Baths
27,840
Living Area
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Property Description
One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Total Rooms: 81
- Status: Active
- Parking Spots: 84
- Property Type: 5-9 Family
- Year Built: 2015
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Additional Details
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- View: Scenic View(s)
- Year Built Source: Public Records
- Flooring: Bamboo
- Lot Features: Level
- Total Number of Units: 42
- Year Built Details: Actual
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Laundromat
- Waerfront: Yes
- Parking Features: Paved Drive, Off Street
- Waterfront Features: Waterfront, Beach Front, River, Ocean, 1 to 2 Mile To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $11,407,600
- Taxes: $127,195
- Tax Year: 2023
Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of eXp Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.