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

February 22, 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%

 

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Data last updated 6:33 PM UTC, 2/22/2024

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