493-495 E 7th St, Boston MA 02127 – 9 bed 8 bath For Sale – 73094948
Overview
- Updated On:
- January 22, 2025
-
- 73094948
- 9 Bedrooms
- 8 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1905
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 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 Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 3,000,000 |
| Living Area | 5,668.00 ft2 |
| Bedrooms | 9 |
| Total Rooms | 21 |
|---|---|
| Listing MLS ID | 73094948 |
| Days on Market | 659 |
| Bathrooms | 8 |
Unit Information
| Bedrooms | 9 |
|---|---|
| Full Bathrooms | 8 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | Yes |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full,Partially Finished,Walk-Out Access |
| Patio And Porch Features | Deck - Wood,Patio |
| Parking Features | On Street |
| Waterview Features | |
| Flooring | Tile,Hardwood,Parquet |
Building Information
| Building Name | |
|---|---|
| Units in Building | 6 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,0 to 1/10 Mile To Beach,Beach Ownership(Public) |
| Association Fee Includes | |
| Construction Materials | Frame |
| Year Built | 1905 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full,Partially Finished,Walk-Out Access |
| Roof | Rubber |
Additional Details
| Community Features | |
|---|---|
| Disclosures | Water,sewer,heat,and hot water are included in the monthly rent. |
| Last Updated | 2025-01-22T20:56:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | |
| Original List Price | 2950000 |
| Listing Office | compass |
| Tax Annual Amount | 20872 |
|---|---|
| Tax Assessed Value | 1943400 |
| Tax Book Number | 0 |
| Tax Year | 2023 |
| Year Built Details | Approximate,Renovated Since |
| Year Built Source | Public Records |
| Zoning | R3 |
| Listing Agent | aranson maguire group |
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493-495 E 7th St, Boston MA 02127 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
493-495 E 7th St, Boston MA 02127 – 9 bed 8 bath For Sale – 73094948
$ 3,000,000
Status: Active
493-495 E 7th St, Boston MA 02127, Boston, South Boston, Suffolk 02127
Country: US
Property Overview
MLS #: 73094948
Type: 5-9 Family /
Action: Residential Income
Year Built: 1905 (Approximate,Renovated Since, Source: Public Records, Effective: )
Living Area: 5,668.00 ft2 (Total: 5668 Square Feet, Source: Public Records)
Lot Size: 0.08 ft2 (Area: 0.08 Acres, SqFt: 3484)
Total Rooms: 21
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 9 (Main Level: )
Bathrooms: Total: 8 (Full: 8, Half: 0, Decimal: 8, Main Level: )
Basement: Full,Partially Finished,Walk-Out Access
Fireplaces: 0 ()
Flooring: Tile,Hardwood,Parquet
Laundry:
Window Features: Insulated Windows,Screens
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame
Foundation: Brick/Mortar (Area: )
Roof: Rubber
Stories: 9 ()
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Circuit Breakers (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features: On Street
Pool:
Spa:
Patio/Porch: Deck - Wood,Patio
Fencing:
Lot Features: Corner Lot
View: (, Waterview Y/N: Yes)
Waterfront: Beach Front,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features:
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: R3 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property 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 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!
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 6
Units Owner Occupied:
Unit 1: Beds: 3, Full Baths: 2, Half Baths: 0, Levels: 2, Rent: 3300, Lease: Y
Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2400, Lease: Y
Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2450, Lease: Y
Unit 4: Beds: 2, Full Baths: 2, Half Baths: 0, Levels: 2, Rent: 3600, Lease: Y
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 20872 (Year: 2023)
Tax Assessed Value: 1943400
Tax Block/Lot/Book/Map: / / 0 /
Parcel Number:
Special Licenses:
Current Financing:
Gross Income: 202200 (Scheduled: )
Net Operating Income: 160000
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes:
Total Actual Rent: 11750
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: (MLS ID: TM343886) / Team: CT009690
Listing Office: (MLS ID: AN2383)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2023-04-04
Expiration Date: 1900-01-01
Original List Price: 2950000
Price Per SqFt (List): 529.29
Market Time (Property): 659 (Broker: 659, Prev Broker: , Prev Property: 0)
MLS Status: Active
Possession:
Directions: Corner of Springer St and East 7th St
Disclosures: Water,sewer,heat,and hot water are included in the monthly rent., Y
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: Yes, Other: )
Master Book/Page: / (Page: 0)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 1661294
Modification Timestamp: 2025-01-22T20:56:00.000Z
Bridge Modification Timestamp: 2025-01-22T21:07:21.527Z
Original Entry Timestamp: 2023-04-04T20:41:00.000Z
Status Change Timestamp: 2024-06-14T09:22:00.000Z
Off Market Date:
Development Status:
Business Type:
