161 Benefit St. is a legal 9-unit apartment building with an approximately 3000 SF commercial space (3 Commercial Spaces), entirely rented by Den Den Cafe since 2013. The sale includes two buildable R-2 lots at 159 Benefit St and 54 Meeting St totaling 7,836 SF. All of the apartments are fully leased and have been completely remodeled with tile floors, stainless steel appliances, in-unit laundry, etc. The commercial lease runs through 2029 with the option to extend, rent increase beginning in February 2024. Recent upgrades include a new roof and the exterior brick was repointed this summer.
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