428-432 East Third Street Boston MA 02127 MLS #73389286

428-432 East Third Street
Boston, MA, 02127
$4,000,000
9 Beds
13.5 Baths
8,024 SqFt
0.06 Acres
Add
MLS #73389286 image #0MLS #73389286 image #1MLS #73389286 image #2MLS #73389286 image #3MLS #73389286 image #4MLS #73389286 image #5MLS #73389286 image #6MLS #73389286 image #7MLS #73389286 image #8MLS #73389286 image #9
Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents through cosmetic improvements. The property is currently 100% leased at below market rents. Additionally, the property presents a potential condominium conversion opportunity. 428-432 E Third is part of a larger portfolio with 444 E Third St, the longtime home of USPS. The two sites total 21,543 SF of development potential.

Property Details

Price:
$4,000,000
MLS #:
73389286
Status:
Active
Beds:
9
Baths:
13.5
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Jun 11, 2025
Finished Sq Ft:
8,024
Total Sq Ft:
8,024
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1899
Units:
9

Ask a Question

See this Listing

Send
  

Schools

Interior

Bathrooms
9 Full Bathrooms, 9 Half Bathrooms
Fireplaces Total
18

Exterior

Construction Materials
Brick, Stone
Roof
Rubber

Financial

Net Operating Income
$999,999
Tax Year
9
Taxes
$9

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Jul 26, 2025
346
Multi Family Listed
142
Avg DOM
495
Avg $ / SqFt
$1,996,578
Avg List Price

Property Summary

    428-432 East Third Street Boston MA is a Multi Family for sale in Boston, MA, 02127. It is listed for $4,000,000 To schedule a showing of MLS#73389286 at 428-432 East Third Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

Similar Listings Nearby

broker reciprocity
MLS# 73384220broker reciprocity
499 Beacon Street
Boston, MA

$5,150,000

3.3 miles away

broker reciprocity
MLS# 73373015broker reciprocity
140 Columbia St
Brookline, MA

$5,149,000

3.3 miles away

broker reciprocity
MLS# 73403853broker reciprocity
14-16 Davis Ave
Brookline, MA

$5,100,000

3.3 miles away

broker reciprocity
MLS# 73396214broker reciprocity
52-54 Bonair St
Somerville, MA

$5,000,000

3.3 miles away

broker reciprocity
MLS# 73374339broker reciprocity
25-27 Marney St
Cambridge, MA

$4,700,000

3.3 miles away

broker reciprocity
MLS# 73394837broker reciprocity
140 Otis Street
Cambridge, MA

$4,645,000

3.3 miles away

broker reciprocity
MLS# 73353196broker reciprocity
7 Esmond St
Boston, MA

$4,629,900

3.3 miles away

broker reciprocity
MLS# 73353142broker reciprocity
7 Esmond Street
Boston, MA

$4,629,900

3.3 miles away

broker reciprocity
MLS# 73405265broker reciprocity
115 Hampshire St
Cambridge, MA

$4,600,000

3.3 miles away

broker reciprocity
MLS# 73355178broker reciprocity
164-170 Allston Street
Cambridge, MA

$4,500,000

3.3 miles away

428-432 East Third Street
Boston, MA

Compare listings

Compare