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!
Property Details
Property Features
Property Information:
Year Built: 1905
Living Area: 5,668 SqFt
Listing Office:
Office Name: Compass
Listing Agent: Aranson Maguire Group
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Tile, Hardwood, Parquet
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 9
Exterior Features
Exterior Information:
Waterfront: Beach
Exterior: Deck - Wood, Patio, Gutters, Screens
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.08 Acres
School Info
Assigned Schools Information:
Excel High School, Public District Grades 9-12
Quincy Upper School, Public District Grades 6-12
Snowden International School At Copley, Public District Grades 9-12
Oliver Hazard Perry, Public District Grades PK-8
John W Mccormack, Public District Grades 6-8
James P Timilty Middle School, Public District Grades 6-8
Michael J Perkins, Public District Grades KG-5
James Condon Elementary School, Public District Grades PK-5
Paul A Dever, Public District Grades PK-5
Other
Directions Information:
Directions: Corner of Springer St and East 7th St
Price Information
Listing Price Info
Price Summary:
List Price: $3,000,000
Price Per SqFt: $529/SqFt
Agent Commission:
Buyer's Agent Commission: 2.5
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Housing Market Comparison
See how this home compares to others in Boston, MA.
This property is $2.1M more than the Median Sold Price and $124/SqFt less than other homes in Boston, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73094948
Listing Office:
Office Name: Compass
Listing Agent: Aranson Maguire Group
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/2/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Michael J Perkins
50 Burke St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
4
/10
James Condon Elementary School
200 D St
Distance between this listing and this school0.79 miles
Public District Grades PK-5
3
/10
Paul A Dever
325 Mount Vernon St
Distance between this listing and this school1.03 miles
Public District Grades PK-5
Middle School
4
/10
Oliver Hazard Perry
745 E 7th St
Distance between this listing and this school0.47 miles
Public District Grades PK-8
2
/10
John W Mccormack
315 Mount Vernon St
Distance between this listing and this school1.01 miles
Public District Grades 6-8
2
/10
James P Timilty Middle School
205 Roxbury St
Distance between this listing and this school2.64 miles
Public District Grades 6-8
High School
1
/10
Excel High School
95 G St
Distance between this listing and this school0.28 miles
Public District Grades 9-12
2
/10
Quincy Upper School
152 Arlington St
Distance between this listing and this school1.88 miles
Public District Grades 6-12
1
/10
Snowden International School At Copley
150 Newbury St
Distance between this listing and this school2.35 miles
Public District Grades 9-12
Assigned Schools
4
/10
Michael J Perkins
50 Burke St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
4
/10
James Condon Elementary School
200 D St
Distance between this listing and this school0.79 miles
Public District Grades PK-5
3
/10
Paul A Dever
325 Mount Vernon St
Distance between this listing and this school1.03 miles
Public District Grades PK-5
Assigned Schools
4
/10
Oliver Hazard Perry
745 E 7th St
Distance between this listing and this school0.47 miles
Public District Grades PK-8
2
/10
John W Mccormack
315 Mount Vernon St
Distance between this listing and this school1.01 miles
Public District Grades 6-8
2
/10
James P Timilty Middle School
205 Roxbury St
Distance between this listing and this school2.64 miles
Public District Grades 6-8
Assigned Schools
1
/10
Excel High School
95 G St
Distance between this listing and this school0.28 miles
Public District Grades 9-12
2
/10
Quincy Upper School
152 Arlington St
Distance between this listing and this school1.88 miles
Public District Grades 6-12
1
/10
Snowden International School At Copley
150 Newbury St
Distance between this listing and this school2.35 miles
The neighbors living near this home have an average income of $101,042. Typical income of Boston, MA residents is between $100k-200k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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This home is located at 493-495 E 7th St in Boston, MA and zip code 02127 in the South Boston neighborhood. This 5,668 square foot home, which was built in 1905, sits on a 0.08 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 04, 2023 and is currently priced at $3,000,000.
In April 2024 more than 128 listings in Boston, MA were sold above the asking price. During the same period more than 64 listings were sold at asking price, while more than 159 were sold below. The number of listings in Boston, MA increased by 25.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $807,012, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.