493-495 E 7th St Boston MA 02127 MLS #73094948

493-495 E 7th St
Boston, MA, 02127
$3,000,000
9 Beds
8 Baths
5,668 SqFt
0.08 Acres
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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!

Property Details

Price:
$3,000,000
MLS #:
73094948
Status:
Active
Beds:
9
Baths:
8
Address:
493-495 E 7th St
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
South Boston
City:
Boston
Listed Date:
Apr 4, 2023
State:
MA
Finished Sq Ft:
5,668
Total Sq Ft:
5,668
ZIP:
02127
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1905
Units:
6
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Schools

Interior

Bathrooms
8 Full Bathrooms
Flooring
Tile, Hardwood, Parquet

Exterior

Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$160,000
Tax Year
2023
Taxes
$20,872

Map

Community

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