$3,000,000
Active
441 Days Online
9 Beds8 Baths5,668 SQFT
Active

493-495 E 7th St Boston, MA 02127

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySuffolk
  • Taxes$20,872
  • HOA/Condo/Coop Fees$0
  • Days on Site440 Days
  • MLS StatusActive
  • MLS ID Number73094948
  • Home Size Source Public Records
  • Year Built1905
  • Lot Size0.08 Acres
  • Full Baths8
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Parking On Street
  • Parking Spaces 0
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement FullPartially FinishedWalk- Out Access
  • Number of Stories 9
  • Acreage 0.08
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Brick/Mortar
  • Zoning R3
  • Buyer Agent Compensation 2.5
  • Facilitator Compensation 0
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Parking Features On Street
  • Electricity Circuit Breakers

Interior Features

  • Flooring TileHardwoodParquet
  • Fireplaces 0
  • Window Features Insulated WindowsScreens
  • Fireplace No

Exterior Features

  • Roof Rubber
  • Spa No
  • Waterfront Property No
  • Waterfront Features Beach Front0 to 1/10 Mile To BeachBeach Ownership( Public)
  • Exterior Rain Gutters
  • Lot Corner Lot
  • Patio And Porch Deck - WoodPatio
  • Lot Features Corner Lot
  • Waterview Features Beach Front0 to 1/10 Mile To BeachBeach Ownership(Public)

Community Features

  • Senior Community No
  • MLS Area South Boston
  • Adult Care Community No

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Monthly Payment (Est.)

$15,887
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