574 East 3rd Street, Boston, MA 02127

$1,900,000
9
BD
3
BA
3,639
SqFt

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Sold Price
$1,900,000
List Price
$1,999,000
Status
SOLD
MLS#
73448723
Bedrooms
9
Bathrooms
3
Full Baths
3
Living Area
3,639
Lot Size (Acres)
0.11
Year Built
1890

Property Description

Large, Detached South Boston 3 Family! This “East Side” Southie multifamily property is fully rented with an annual gross income of $126,000 and all leases going until 8/31/26. This multi-generational, longtime family-owned home and income property has an outstanding rental history and presents an opportunity for a continued long-term hold (with TLC, as is, or with value-add renovations), a condo conversion, redevelopment, or eventual owner occupancy. Situated on a 4,800 sq. ft. lot with a large backyard, this building features an unfinished basement and three spacious 3 BR / 1 BA apartments with laundry in each unit, bay windows, hardwoods, back porches, and nicely sized bedrooms. Fantastic location in the heart of South Boston, in close proximity to the Edison Plant redevelopment, East Broadway, The Seaport, Castle Island, Carson Beach, the MBTA, and all that Southie and Boston have to offer. Outstanding opportunity in one of the nation’s most sought after multifamily markets!

Additional Information

Area
South Boston
Taxes
$19,165
Interior Features
Storage, Living Room, Kitchen, Laundry Room
Parking Description
On Street
Lot Description
Level
Water
Public
Sewer
Public Sewer
Elementary School
Bps
Middle School
Bps
High School
Bps

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Matthew Giangregorio from Listing Office: Charlesgate Realty Group, llc.

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