Opportunity strikes in vibrant South Boston! This 2 family gem holds THREE coveted parking spots (Southie gold!) and offers 2 spacious units: Unit 1 features 2 beds, 1 bath, and 850 sq ft, is renting for $3500/mo. Unit 2 is a sunny BILEVEL beauty with 3 beds, 2 baths, and 1207 sq ft, renting for $5000/mo (lease end: 8/31/25). Both units have private decks & in unit laundry! PARKING brings in an additional $325-400 per spot/month bringing the total rent roll to $9625 at full capacity! Unbeatable location: 0.2 miles to the beach, conveniently on a bus route and perfectly situated in the middle of all Southie has to offer while still enjoying the feels of East side residential living. Seller has drawn plans available for a rear expansion, potentially adding 1,689 sq ft and converting the third floor into a 3rd unit! Plans have not yet been permitted. Don’t miss out on this prime property with immense potential! Can also be sold as condos.
Property Details
Price:
$1,775,000
MLS #:
73299666
Status:
Active
Beds:
5
Baths:
3
Address:
581 East Eighth
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Boston
Listed Date:
Oct 8, 2024
State:
MA
Finished Sq Ft:
2,057
Total Sq Ft:
2,057
ZIP:
02127
Lot Size:
3,750 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
2
Schools
Interior
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Exterior
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street, Deeded
Parking Spots
3
Financial
Tax Year
2024
Taxes
$19,432
Map
Community
- Address581 East Eighth Boston MA
- CityBoston
- CountySuffolk
- Zip Code02127
Similar Listings Nearby
- 272-274B Meridian
Boston, MA$2,295,000
3.11 miles away
- 159-161 Townsend St
Boston, MA$2,290,000
2.71 miles away
- 305 K Street
Boston, MA$2,250,000
0.14 miles away
- 416 Harvard St
Boston, MA$2,249,000
3.93 miles away
- 2 Powers Ct
Boston, MA$2,200,000
2.48 miles away
- 66 Mozart Street
Boston, MA$2,195,000
3.43 miles away
- 921-923 E Broadway
Boston, MA$2,150,000
0.65 miles away
- 4 Sargent St
Boston, MA$2,100,000
2.06 miles away
- 57 Dimick St
Somerville, MA$2,100,000
4.60 miles away
- 28 Telegraph St
Boston, MA$2,099,000
0.59 miles away
Courtesy of Access. 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.
581 East Eighth
Boston, MA
LIGHTBOX-IMAGES