617-816-5257
428-432 E 3rd St, South Boston, MA for Sale
Apartments - FOR SALE
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428-432 E 3rd St
South Boston, MA 02127


OVERVIEW

Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents through cosmetic improvements. The property is currently 100% leased at below market rents. Additionally, the property presents a potential condominium conversion opportunity. 428-432 E Third is part of a larger portfolio with 444 E Third St, the longtime home of USPS. The two sites total 21,543 SF of development potential.

FOR SALE DETAILS

PRICE

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# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

428-444 E Third Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,770 SF

ZONING

A

APN/PARCEL ID

SBOS-000000-000006-003055

ASK ABOUT THIS PROPERTY

Chris SowerCushman & WakefieldMore Info
617-816-5257

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Chris SowerCushman & WakefieldMore Info
617-816-5257

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.