493-495 E 7th St Boston, MA

$3,000,000
Beds 9
Baths 8
Square Feet 5,668
Acres 0.08
Photo of 493-495 E 7th St Boston MA 02127




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!


Listed by Compass, Aranson Maguire Group

Details

MLS 73094948
Status Active
Price $3,000,000
DOM 1026 days
Type Multi-Family
Beds 9
Baths 8 full baths
Square Feet 5,668 sqft
Lot Size 0.08 acres
Year Built 1905

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2023
Taxes Paid $20,872
Water Public
Foundation Brick/Mortar
Exterior Features Rain Gutters
Roof Rubber
Full Baths 8
Parking On Street
Total Rooms 21
Basement Feature Partially Finished, Walk-Out Access, Full
Garage Spaces 0
Waterfront 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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