1520 columbia rd

Attention Investors: Leased through 2027 for $5700/month. Roughly 5.6% Cap Rate! Bright three-level residence offers stunning water views and a rare turnkey investment opportunity with value-add potential. Sunny townhouse layout features an open main living level with oversized windows facing the bay, two bedrooms and two bathrooms upstairs plus a shared Juliet balcony, while the lower level offers a bonus third bedroom, home office, or workout space with additional full bathroom and laundry room. Primary bedroom features beautiful views of Dorchester Bay and direct access to the Juliet balcony, perfect for enjoying ocean breezes and morning coffee. Additional highlights include hardwood floors, high ceilings, new HVAC (2025), and new range, microwave, and washer/dryer (2026).Located just steps from the Harborwalk, Castle Island, and East Broadway’s best restaurants and shops. Rental Parking Option Available. With roof roof deck plans in hand offering panoramic water and skyline views, this is one you won't want to miss!