The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. 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. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.
Property Details
Price:
$1,625,000
MLS #:
73579556
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
southboston
Listed Date:
Sep 18, 2026
Finished Sq Ft:
2,501
Total Sq Ft:
2,501
Lot Size:
1,045 sqft / 0.02 acres (approx)
Year Built:
2000
Units:
3
See this Listing
Schools
Interior
Above Grade Finished Area
2501
Bathrooms
3 Full Bathrooms
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
Construction Materials
See Remarks
Lot Features
Other
Open Parking YN
1
Parking Features
On Street
Roof
Shingle, Rubber
Stories
3
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Financial
Tax Year
2026
Taxes
$8,613
Map
Community
- Address550 E 3rd Street Boston MA
- CityBoston
- CountySuffolk
- Zip Code02127
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Back Bay
- Bay Village
- Beacon Hill
- Bellevue Hill
- Boston
- Brighton-Oak Square
- Charlestown
- Chestnut Hill
- Chestnut Hill /Brookline line
- Chestnut Hill Park Condominium
- Clam Point Neighborhood
- Eight Streets Neighborhood
- Ellis South End Neighborhood
- Fairmount Hill
- Fields Corner
- Gas Light District
- Golf Course Neighborhood
- Harbor View
- Harborview
- Highland
- Hyde Park
- Jamaica Plain
- Lower Mills
- Melville Park
- Metropolitan Heights Area
- Metropolitan Hill
- Mission Hill – Longwood Medical
- Oak Square
- Parkway neighborhood
- Roslindale
- Roslindale – WC Bates
- roslindale village
- Roxbury’s Moreland Street Historic District
- Savin Hill: Minutes to Carson Beach/UMass Boston T-Stop
- South Boston
- Suffolk County
- Sumner Hill
- Thomas Park
- Woodbourne
Market Summary
Current real estate data for Multi Family in Boston as of Oct 08, 2026
428
Multi Family Listed
127
Avg DOM
468
Avg $ / SqFt
$2,057,329
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 $1,625,000 To schedule a showing of MLS#73579556 at 550 E 3rd Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Horvath & Tremblay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
550 E 3rd Street
Boston, MA