Turnkey investment opportunity in the highly desirable South Boston market. 16 Atlantic is a spacious 5-bedroom, 3-bath multi-family property offering strong income potential and long-term appreciation in one of Boston’s most sought-after rental locations.The property features a flexible layout ideal for maximizing rental yield, with generously sized bedrooms and multiple full baths that appeal to today’s tenant demand. Well-maintained interiors and functional unit separation make for efficient management and consistent occupancy. The surrounding neighborhood continues to see strong growth, making this an excellent opportunity for both cash flow and equity appreciation. Ideal for investors seeking a stable asset in a high-demand urban market. Leases renewed through August 2027 with Unit 1 increasing to $3500 and Unit 2 increasing to $6000
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2023 | $353,900 | $718,700 | $1,072,600 | — |
| Date | Price | Book/Page |
|---|---|---|
| Jul 14, 2021 | $1 | 65875/75 |
| Issued | Type / Work | Status | Value |
|---|---|---|---|
| Apr 18, 2024 |
Electrical Permit
ELECTRICAL
Electrical
Permit #E1591363
|
Closed | $3,500 |
| Jun 12, 2023 |
Short Form Bldg Permit
SIDE
Siding
Permit #SF1483125
|
Closed | $26,000 |
| May 25, 2023 |
Plumbing Permit
PLUMBING
Plumbing
Permit #PL1477468
|
Closed | $6,000 |
| May 25, 2023 |
Gas Permit
GAS
Gas
Permit #G1477469
|
Open | $7,000 |
| May 17, 2023 |
Electrical Permit
ELECTRICAL
Electrical
Permit #E1447751
|
Closed | $5,500 |
| Feb 6, 2023 |
Short Form Bldg Permit
INTREN
Renovations - Interior NSC
Permit #SF1435439
|
Closed | $116,356 |
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Year built | 1,890 | 1,890 | ✓ |
South Boston
16 Atlantic St, Boston MA 02127
Boston, MA 02127
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/29/2026 | ↓ Price Reduced | $1,699,000 | $100,000 | - | From $1,799,000 to $1,699,000 (-5.6%) |
| 04/07/2026 | 🏠 Listed for Sale | $1,799,000 | - | - | Original listing |
| 11/04/2024 | 🏷️ Previously Sold | $1,585,000 | - | - | MLS #73249561 |
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