574 E 3rd St - Multi-Family FOR SALE


Boston, MA 02127- South Boston
$1,999,000 USD
617-780-0320
574 E 3rd St, Boston, MA for Sale
$1,999,000 USD
Multi-Family - FOR SALE
1/39
null | Request Cap Rate

574 E 3rd St
Boston, MA 02127
South Boston


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

3

PRICE/UNIT

$666,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

SBOS-000000-000006-003484

ASK ABOUT THIS PROPERTY

Matthew GiangregorioCharlesgate Realty GroupMore Info
617-780-0320

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Matthew GiangregorioCharlesgate Realty GroupMore Info
617-780-0320

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