550 E 3rd Street new Save Request In-Person Tour Request Virtual Tour
Boston,MA 02127
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,501 sqft
Price per Sqft $739
MLS Listing ID 73404193
Bedrooms 6
Full Baths 3
Year Built 2000
Annual Tax Amount $7,795
Tax Year 25
Lot Size 871 Sqft
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
550 E 3rd Street consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via programmatic updates to the unrenovated units. 550 E 3rd Street offers the opportunity to acquire a fully leased investment in an exceptional, urban-infill location.
Location
State MA
County Suffolk
Area South Boston
Zoning A
Exterior
Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,T-Station,University
Roof Type Shingle,Rubber
Building
Lot Description Level
Story 3
Foundation Other
Sewer Public Sewer
Water Public