493-495 East 7th Street
$3,000,000
9
8
5,668
5,668
$529
Listed By Compass
Description
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...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!
Listing Agents
Property Details for 493-495 East 7th Street
Town
Boston
MLS AreaSouth Boston
AreaMA-Boston-South Boston, MA-Boston
Garage Spaces0
Parking Spaces.00
LISTING UPDATED: 08/20/2024 05:15 AM
Property Details for 493-495 East 7th Street
Status | Active |
---|---|
MLS # | 73094948 |
Days on Market | 627 |
Taxes | $20,872 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1905 |
County | Suffolk County |
Buyer's Agent Compensation | 2.5% |
Virtual Tour
Building Information for 493-495 East 7th Street
Stories9Residences6Year Built1905Building Size-Lot Size0.08 AC / 3,484 SF
Property Information for 493-495 East 7th Street
Property History for 493-495 East 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 493-495 East 7th Street
This home is within Boston School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Joseph P. Tynan Elementary School PublicPK to 6 | ||
James F. Condon School PublicPK to 8 | ||
Excel High School Public9 to 12 | ||
Perkins Elementary School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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