493-495 E 7th St, Boston MA 02127

Boston, MA 02127 • South Boston
$3,000,000
Est. $17,109/month
9
Beds
8
Baths
5,668
Sq Ft
$529
Price/Sq Ft
0.08
Acres
1905
Year Built
977
Days on Market
Active Listed Apr 4, 2023 • MLS# 73094948 Copied!

About this home

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 Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1905
Bedrooms
9
Full Bathrooms
8
Living Area
5,668 sq ft
Total Rooms
21
Stories
6
Levels
6

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1905
Living Area 5,668 sq ft
Lot Size 0.08 acres
Bedrooms 9
Full Baths 8
Total Rooms 21

Interior

Heating None
Cooling None
Flooring Tile, Hardwood, Parquet
Appliances None
Fireplace None
Basement Full, Partially Finished, Walk-out Access
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood, Patio

Parking

Features On Street

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $20,872
Assessed Value $1,943,400

Interior Features

Flooring: Tile, Hardwood, Parquet
Appliances:
Interior Features:
Windows: Insulated Windows, Screens
Basement: Full, Partially Finished, Walk-Out Access
Laundry:
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Brick/Mortar
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck - Wood, Patio
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

South Boston

493-495 E 7th St, Boston MA 02127

Boston, MA 02127

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,739
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 4, 2023
$3,000,000
Original listing
Agent: Aranson Maguire Group Office: Compass

Price & Status History

Date Event Price Change
Apr 4, 2023 New Listing Added $3,000,000

Market Statistics

Days on Market
977 days
Price per Sq Ft
$529

Tax History

Year Taxes Assessment
2023 $20,872 $1,943,400

Financial Details

Annual Property Tax
$20,872
Tax Year 2023
Assessed Value
$1,943,400

Listing Information

Listing Agent Aranson Maguire Group
Listing Office Compass
Agent MLS ID TM343886
Office MLS ID AN2383
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Boston, MA

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