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Residential Income, 493-495 E 7th St, Boston MA 02127

$ 3M
493-495 E 7th St, Boston MA 02127,
  • Updated On:
  • 06/10/2023

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 Id : 197919
Price: $ 3M
Property Size: 5,668 ft2
Property Lot Size: 0 ft2
Rooms: 21
Bedrooms: 9
Bathrooms: 8
List Agent MLS ID: TM343886
List Office MLS ID: AN2383
Basement: Full,Partially Finished,Walk-Out Access
MLSPIN LIST PRICE PER SQFT: 529.29
Bathrooms Total Decimal: 8
Bathrooms Full: 8
Bathrooms Half: 0
MLSPIN SUB-AGENCY OFFERED: No
Original List Price: 2950000
Street Name: E 7th St
Electric: Circuit Breakers
Buyer Agency Compensation: 2.5
Fireplaces Total: 0
Gross Income: 198000
MLSPIN_DISCLOSURE: Y
Disclosures: Water,sewer,heat,and hot water are included in the monthly rent.
Sewer: Public Sewer
Tax Annual Amount: 20872
Tax Assessed Value: 1943400
Flooring: Tile,Hardwood,Parquet
Tax Year: 2023
Garage Spaces: 0
Year Built Source: Public Records
Zoning: R3
Listing ID: 73094948
Lot Size Area: 0.08
Lot Size Square Feet: 3484
Lot Size Units: Acres
MLS Status: Active
Number Of Units Total: 6
Parking Features: On Street
Parking Total: 0
Postal Code +4: 4151
Roof: Rubber
State: MA
Street Number: 493-495
Street Number Numeric: 493
Transaction Broker/Facilitator Compensation: 0
Year Built: 1905
Other Features
Open Parking
Rain Gutters
Tank Water Heater

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