Massachusetts
Boston
493-495 E 7th St

$3,000,000

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

9 beds |
8 baths |
5,668 sqft

Multi-Family Home
Built in 1905
3,485sqft lot
—— car garage
$529/sqft
Listed 2 years ago

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!

Listing Status:: Active
Listing Office:: Compass : 617-206-3333
Listing Agent:: Aranson Maguire Group : 207-252-6771
MLS ID:: 73094948

Basement: FullPartially FinishedWalk-Out Access
Flooring: TileHardwoodParquet
Fireplace: Fireplaces: 0

This listing courtesy of Aranson Maguire Group, Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Joseph P. Tynan Elementary School

650 E 4th St, South Boston, MA, 02127

Grades PK-5

0.19 miles away

Oliver Hazard Perry K-8 School

745 E 7th St, South Boston, MA, 02127

Grades PK-8

0.54 miles away

Excel High School

95 G St, South Boston, MA, 02127

Grades 9-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.