$3,000,000
493-495 E 7th St Boston, MA 02127
22
See all 22 photos
$3,000,000
Est. payment /mo
9 BD
8 BA
5,668 SqFt
Active
493-495 E 7th St Boston, MA 02127
UPDATED:
08/20/2024 09:13 AM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,668 sqft
Price per Sqft $529
MLS Listing ID 73094948
Bedrooms 9
Full Baths 8
Year Built 1905
Annual Tax Amount $20,872
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Description
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!
Location
State MA
County Suffolk
Area South Boston
Zoning R3
Direction Corner of Springer St and East 7th St
Rooms
Basement Full, Partially Finished, Walk-Out Access
Interior
Flooring Tile, Hardwood, Parquet
Exterior
Exterior Feature Rain Gutters
Waterfront false
Waterfront Description Beach Front,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Roof Type Rubber
Garage No
Building
Lot Description Corner Lot
Story 9
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Compass
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