Active
493-495 E 7th St
Boston MA, 02127
$3,000,000
$529.29 per sqft
Active
9 Beds
8 Baths
5,668 sqft
Multi-family
Built in 1905
Rarely available, fully occupied, semi-attached, turnkey six-family with three sides of exposure! This spacious multi-family offers 4 one bedroom, one bathroom units occupying the second and third floors, as well as a first and garden level two bedroom, two bathroom duplex, and a three bedroom, two bathroom first and garden level duplex. Current rents are well below market value and easy to increase with little to no capital improvements, making $200,000+ gross rent per year achievable. Set in an ideal South Boston location - only two blocks to the beach, four blocks to bustling E. Broadway where there is something for everyone - restaurants, coffee shops, bars and grocery store. Close to major bus lines and public transit - this is an investor's dream, attracting a steady stream of quality tenants in a red hot rental market. Brand new back decks and 2nd means of egress!
73094948
MLSⓇ ID
April 4, 2023
Listed
March 25, 2024
Updated
Map
493-495 E 7th St
Boston MA, 02127
Interior Features
Total Stories
9
Bedrooms
9 Beds
Bathrooms
8 Baths
Floor Description
Tile, Hardwood, Parquet
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.08 Acres
Exterior Features
Deck - Wood, Patio, Gutters, Screens
Lot Features
Corner Lot
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
South Boston
Taxes
$20,872
Tax Frequency
Annually
Garage
No
Parking
On Street
Parking Total
0
View
No
County
Suffolk
Water Source
Public
Pool
No
Zoning
R3
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
5/17/2023 | Price Change | $3,000,000 1% |
Courtesy of Aranson Maguire Group, Compass
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Data last updated 7:00 PM UTC, 3/25/2024
