550 E 3rd Street, Boston, MA 02127
- $1,625,000
- 6
- BD
- 3
- BA
- 2,501
- SqFt
Listing courtesy of Listing Agent: Kelleher - Pentore Team from Listing Office: Horvath & Tremblay.
- List Price
- $1,625,000
- Status
- NEW
- Days on Market
- 1
- MLS#
- 73579556
- Subtype
- Residential Income
- Year Built
- 2000
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,501
- Lot Size
- 1,045
- Acres
- 0.02
- MLS Area Major
- South Boston
Property Description
The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via programmatic updates to the unrenovated units. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.
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Additional Information
- Taxes
- $8,613
- Zoning
- A
- Exterior Features
- See Remarks
- Stories
- 3
- Levels
- 3
- Foundation
- Other
- Parking Features
- On Street
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