$3,000,000
493-495 E 7th St, Boston, MA
9
Beds
8
Baths
5,668
Square feet
0.08
Acres
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!
Facts & Features
| MLS® # | 73094948 |
|---|---|
| Price | $3,000,000 |
| Bedrooms | 9 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 5,668 |
| Acres | 0.08 |
| Year Built | 1905 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
| Taxes | $20,872 |
| Tax Year | 2023 |
Community Information
| Address | 493-495 E 7th St |
|---|---|
| Area | South Boston |
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02127-4151 |
Amenities
| Parking | On Street |
|---|---|
| Is Waterfront | No |
| Waterfront | Beach Front, 0 to 1/10 Mile To Beach, Beach Ownership(Public) |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 9 |
| Basement | Yes |
| Basement Features | Full, Partially Finished, Walk-Out Access |
Exterior
| Exterior Features | Deck - Wood,Patio,Gutters,Screens |
|---|---|
| Lot Description | Corner Lot |
| Windows | Insulated Windows, Screens |
| Roof | Rubber |
| Construction | Frame |
| Foundation | Brick/Mortar |
Additional Information
| Zoning | R3 |
|---|---|
| Condo Fees | $0 |
| Units In Complex | 6 |
| Electric | Circuit Breakers |
| Flooring | Tile,Hardwood,Parquet |
| Road Type | Public |
| Water | Public |
| Sewer | Public Sewer |
Listing Details
| Agent | Aranson Maguire Group |
|---|---|
| Office | Compass |
| Buyer Agent Compensation | 2.5 |
| Compensation Based On | Net Sale Price |
| Sub Agency Relationship Offered | No |