551 E 7th St, Boston MA 02127

Boston, MA 02127 • South Boston
$3,850,000
Est. $22,001/month
10
Beds
7.5
Baths
5,000
Sq Ft
$770
Price/Sq Ft
0.09
Acres
2025
Year Built
4
Parking
22
Days on Market
Pending Listed Oct 31, 2025 • MLS# 73450128 Copied! • Updated Nov 25, 2025

About this home

Introducing 551 E 7th Street: a brand new, three-unit building featuring high-end finishes and deeded parking. This centrally located property on the East Side of South Boston is conveniently close to Broadway shops, the South Boston beaches, and all T bus lines, and is just minutes away from the Seaport area. Unit #1 is a spacious 1,800-square-foot townhouse that offers a single-family feel. It includes 3+ bedrooms, 3.5 bathrooms, and a dedicated home office. #2 & #3 are 1200 SF each, offering 3 bedrooms and 2 full baths. Additional features and amenities include four-car covered parking spaces, a large patio yard, custom kitchens equipped with Thermador appliances and quartz waterfall countertops, white oak flooring, and Drutex windows. This property is definitely worth viewing!

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

Pending Sale
Nov 10, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Nov 1, 2025
$3,850,000
Original listing
Agent: Jackie Rooney Team Office: Rooney Real Estate, LLC

Tax History

Year Taxes Assessment
2026 $28,000 $3,000,000

Financial Details

Annual Property Tax
$28,000
Tax Year 2026
Assessed Value
$3,000,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 2025
Living Area 5,000 sq ft
Lot Size 0.09 acres
Bedrooms 10
Full Baths 7
Half Baths 1
Total Rooms 19

Investment Metrics

Units 3
Unit 1 Rent $7,500/mo · N
Unit 2 Rent $5,700/mo · N
Unit 3 Rent $5,800/mo · N
Total Monthly Rent $19,000/mo
Gross Income $228,000
Net Operating Income $228,000
Cap Rate 5.92%
Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement None
Laundry Electric Dryer Hookup
Features None
Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Deck, Patio - Enclosed
Features Off Street, Assigned, Driveway
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $28,000
Assessed Value $3,000,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures The Taxes And Rents Are Estimated As This Is A New Building.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Owner
Documents None
County Suffolk
Total market time (incl. prior listings) 25 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
2025
Bedrooms
10
Full Bathrooms
7
Half Bathrooms
1
Living Area
5,000 sq ft
Total Rooms
19
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement:
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 2025
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter, Slab
Stories: 5

Heating, Cooling & Utilities

Heating:
Heating Zones: 4
Cooling:
Cooling Zones: 4
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Deck, Patio - Enclosed
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Assigned, Driveway

Nearby Schools

School information not available for this location.

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 $2,333
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.

Location

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Neighborhood

South Boston

551 E 7th St, Boston MA 02127

Boston, MA 02127

Listing Information

Listing Agent Jackie Rooney Team
Listing Office Rooney Real Estate, LLC
Office Phone 617-269-1000
Agent MLS ID TM332017
Office MLS ID BB4464
Listing Data Updated Nov 25, 2025 3:05 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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