574 East 3rd Street Boston MA 02127 MLS #73448723

574 East 3rd Street
Boston, MA, 02127
$1,999,000
9 Beds
3 Baths
3,639 SqFt
0.11 Acres
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Large, Detached South Boston 3 Family! This “East Side” Southie multifamily property is fully rented with an annual gross income of $126,000 and all leases going until 8/31/26. This multi-generational, longtime family-owned home and income property has an outstanding rental history and presents an opportunity for a continued long-term hold (with TLC, as is, or with value-add renovations), a condo conversion, redevelopment, or eventual owner occupancy. Situated on a 4,800 sq. ft. lot with a large backyard, this building features an unfinished basement and three spacious 3 BR / 1 BA apartments with laundry in each unit, bay windows, hardwoods, back porches, and nicely sized bedrooms. Fantastic location in the heart of South Boston, in close proximity to the Edison Plant redevelopment, East Broadway, The Seaport, Castle Island, Carson Beach, the MBTA, and all that Southie and Boston have to offer. Outstanding opportunity in one of the nation’s most sought after multifamily markets!

Property Details

Price:
$1,999,000
MLS #:
73448723
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
southboston
Listed Date:
Oct 28, 2025
Finished Sq Ft:
3,639
Total Sq Ft:
3,639
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1890
Units:
3
South BostonSouthbostonBpsBpsBps

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Schools

Elementary School:
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Middle School:
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High School:
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Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Varies, Laminate, Hardwood
Heating
Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Frame, Brick, Stone
Exterior Features
Balcony/Deck
Parking Features
On Street

Financial

Net Operating Income
$126,000
Tax Year
2025
Taxes
$19,165

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Oct 30, 2025
371
Multi Family Listed
139
Avg DOM
483
Avg $ / SqFt
$2,125,214
Avg List Price

Property Summary

    574 East 3rd Street Boston MA is a Multi Family for sale in Boston, MA, 02127. It is listed for $1,999,000 To schedule a showing of MLS#73448723 at 574 East 3rd Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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