MA > Boston
Boston, MA 02127,493-495 E 7th St
Boston, MA 02127,493-495 E 7th St
Boston, MA 02127,493-495 E 7th St
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Shannon Burke

Shannon Burke

+1(774) 278-8521
$3,000,000
Est. payment /mo
9 Beds
8 Baths
5,668 SqFt
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UPDATED:

08/20/2024 09:13 AM

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,668 sqft

Price per Sqft $529

MLS Listing ID 73094948

Bedrooms 9

Full Baths 8

Year Built 1905

Annual Tax Amount $20,872

Tax Year 2023

Lot Size 3,484 Sqft

Acres 0.08

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!

Location

State MA

County Suffolk

Area South Boston

Zoning R3

Direction Corner of Springer St and East 7th St

Rooms

Basement Full, Partially Finished, Walk-Out Access

Interior

Flooring Tile, Hardwood, Parquet

Basement Type Full,Partially Finished,Walk-Out Access

Exterior

Exterior Feature Rain Gutters

Waterfront false

Waterfront Description Beach Front,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Roof Type Rubber

Garage No

Waterfront Description Beach Front,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Building

Lot Description Corner Lot

Story 9

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Shannon Burke

+1(774) 278-8521

Sales Associate | MA Lic#9555981

Sales Associate MA Lic#9555981

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