550 E 3rd Street Boston MA 02127 MLS #73404193

550 E 3rd Street
Boston, MA, 02127
$1,850,000
6 Beds
3 Baths
2,501 SqFt
0.02 Acres
Add
MLS #73404193 image #0MLS #73404193 image #1MLS #73404193 image #2MLS #73404193 image #3MLS #73404193 image #4MLS #73404193 image #5MLS #73404193 image #6MLS #73404193 image #7MLS #73404193 image #8MLS #73404193 image #9MLS #73404193 image #10MLS #73404193 image #11MLS #73404193 image #12MLS #73404193 image #13MLS #73404193 image #14
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.

Property Details

Price:
$1,850,000
MLS #:
73404193
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
southboston
Listed Date:
Jul 14, 2025
Finished Sq Ft:
2,501
Total Sq Ft:
2,501
Lot Size:
1,045 sqft / 0.02 acres (approx)
Year Built:
2000
Units:
3
South BostonSouthboston

Ask a Question

See this Listing

Send
  

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, T- Station, University
Roof
Shingle, Rubber

Financial

Net Operating Income
$105,444
Tax Year
25
Taxes
$7,795

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Sep 06, 2025
317
Multi Family Listed
152
Avg DOM
470
Avg $ / SqFt
$1,953,455
Avg List Price

Property Summary

    550 E 3rd Street Boston MA is a Multi Family for sale in Boston, MA, 02127. It is listed for $1,850,000 To schedule a showing of MLS#73404193 at 550 E 3rd Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

Similar Listings Nearby

broker reciprocity
MLS# 73380651broker reciprocity
970 Saratoga
Boston, MA

$2,399,000

3.3 miles away

broker reciprocity
MLS# 73394054broker reciprocity
148-150 Pleasant Street
Boston, MA

$2,383,000

3.3 miles away

broker reciprocity
MLS# 73375390broker reciprocity
84 Marine Rd
Boston, MA

$2,349,000

3.3 miles away

broker reciprocity
MLS# 73382192broker reciprocity
39 Chester St
Boston, MA

$2,349,000

3.3 miles away

broker reciprocity
MLS# 73380216broker reciprocity
84-86R Cross St
Somerville, MA

$2,319,000

3.3 miles away

broker reciprocity
MLS# 73381895broker reciprocity
8 W Bellflower Street
Boston, MA

$2,300,000

3.3 miles away

broker reciprocity
MLS# 73401240broker reciprocity
124 Amory St
Cambridge, MA

$2,300,000

3.3 miles away

broker reciprocity
MLS# 73416341broker reciprocity
65-67 Allston St.
Cambridge, MA

$2,275,000

3.3 miles away

broker reciprocity
MLS# 73218341broker reciprocity
93 Sedgwick Street
Boston, MA

$2,225,000

3.3 miles away

broker reciprocity
MLS# 73380530broker reciprocity
819 E 4th Street
Boston, MA

$2,200,000

3.3 miles away

550 E 3rd Street
Boston, MA

Compare listings

Compare