$1,775,000
Active
3 Days Online
5 Beds3 Baths2,057 SQFT
Active

581 East Eighth Boston, MA 02127

Opportunity strikes in vibrant South Boston! This 2 family gem holds THREE coveted parking spots (Southie gold!) and offers 2 spacious units: Unit 1 features 2 beds, 1 bath, and 850 sq ft, was renting for $3500/mo. Unit 2 is a sunny BILEVEL beauty with 3 beds, 2 baths, and 1207 sq ft, renting for $5000/mo (lease end: 8/31/25). Both units have private decks & in unit laundry! PARKING brings in an additional $325-400 per spot/month bringing the total rent roll to $9700 at full capacity! Unbeatable location: 0.2 miles to the beach, conveniently on a bus route and perfectly situated in the middle of all Southie has to offer while still enjoying the feels of East side residential living. Seller has drawn plans available for a rear expansion, potentially adding 1,689 sq ft and converting the third floor into a 3rd unit! Plans have not yet been permitted. Don’t miss out on this prime property with immense potential! Can also be sold as condos.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySuffolk
  • Taxes$19,432
  • HOA/Condo/Coop Fees$0
  • Days on Site2 Days
  • MLS StatusActive
  • MLS ID Number73299666
  • Home Size Source Public Records
  • Year Built1900
  • Lot Size0.09 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Parking Paved DriveOff StreetDeeded
  • Parking Spaces 3
  • Sewer Public Sewer
  • Basement Unfinished
  • Number of Stories 3
  • Acreage 0.09
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Other
  • Zoning CM
  • Garage 0
  • Parking Features Paved DriveOff StreetDeeded

Interior Features

  • Cooling Central Air
  • Appliances RangeDishwasherMicrowaveRefrigeratorWasherDryer
  • Interior Bathroom With Tub & ShowerBathroom with Shower StallLiving RoomDining RoomKitchenLaundry Room
  • Fireplaces 0
  • Fireplace No
  • Interior Features Bathroom With Tub & ShowerBathroom with Shower StallLiving RoomDining RoomKitchenLaundry Room

Exterior Features

  • Spa No
  • Waterfront Property No
  • Waterfront Features Beach FrontOceanWalk to0 to 1/10 Mile To BeachBeach Ownership( Public)
  • Exterior Balcony/Deck
  • Lot Easements
  • Patio And Porch Deck - Composite
  • Lot Features Easements
  • Waterview Features Beach FrontOceanWalk to0 to 1/10 Mile To BeachBeach Ownership(Public)

Community Features

  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$8,808
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