581 East 8th Street

Boston, MA 02127

$1,775,000
Price
5
Beds
3
Baths
2,057 Sq. Ft.
$863 / Sq. Ft.
2,057
Sq. Ft.
$863
per Sq. Ft.

Description

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:...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.
  1. Listed by Brigid Murphy • Access
  2. Listed by Sean Murphy • Access
  3. Listed by James Walsh • Access

Property Details for 581 East 8th Street

Town
Boston
Area
MA-Boston
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3
LISTING UPDATED: 10/28/2024 11:25 AM

Property Details for 581 East 8th Street

StatusActive
MLS #73299666
Days on Market41
Taxes$19,432 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountySuffolk County

Building Information for 581 East 8th Street

Stories3Residences2Year Built1900Building Size-Lot Size0.09 AC / 3,750 SF

Property Information for 581 East 8th Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2057.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room
  • SpaYN: No
Exterior Features
  • Exterior Features: Balcony/Deck
  • Exterior Features: Deck - Composite
  • Lot Description: Easements
  • Patio And Porch Features: Deck - Composite
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Deeded
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Deeded
  • Parking Features: Off-Street, Deeded
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller has never lived on property and makes no representations. Buyers/Agents to do own due diligence.
Tax Information
  • Tax ID: W:07 P:02098 S:000,4757281
  • Assessments: $1,782,800
  • Book: 42326
  • Tax Year: 2024
  • Zoning: CM
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $102,000.00
  • NOI: $102,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $9,625.00

Property History for 581 East 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 581 East 8th Street

Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt3,750 SqFtAbove Grade Finished SqFt3,750 SqFtStories3Lot Size3,750 SqFtStyleGovernmental / Public UseYear Built1900Year Renovated2007ZoningCMCountySUFFOLKAPNSBOS W:07 P:02098 S:000

Schools near 581 East 8th 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

Perry 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

581 East 8th Street is a multi-family home for sale in Boston, MA 02127. This property was listed for sale on October 8, 2024 by Access, it's currently listed at $1,775,000. It has been on the market for a total of 41 days and was last sold on August 15, 2007. This listing's school district is Boston School District. Nearby schools include Joseph P. Tynan Elementary School, James F. Condon School and Excel High School. 581 East 8th Street is a 5-bed, 3-bath, 2,057 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Access, Brigid Murphy; Access, Sean Murphy; Access, James Walsh

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.