Off Market

493-495 E 7th St, Boston, MA

Boston · MA 02127

$3,000,000
Price
9
Beds
8
Baths
5668
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 6 Units
Lot size: 3,484 Sq.Ft Lot
Price per square foot: $529 / Sq.Ft
Parking: No Parking

About this home

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!

Neighborhood & Transit

South Boston

493-495 E 7th St, Boston · MA 02127

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1307 days
Listing Price:
$3,000,000
Price per Sq.Ft:
$529
Tax Assessment:
$1,943,400 in 2023
Taxes:
$1,739 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
8
Half Bathrooms
0
Living Area
5,668 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3648
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
3,484 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Aranson Maguire Group
Listing office
Compass
MLS PIN #
73094948
Disclosure
Back decks (and 2nd means of egress) need to be rebuilt and the seller has architectural plans. Water, sewer, heat, and hot water are included in the monthly rent.