Multi-Family for Sale: 493-495 E 7th St, Boston, MA 02127

9 beds
8 full baths
5,668 sqft
$3,000,000
$3,000,000
493-495 E 7th St, Boston, MA 02127
9 beds
8 full baths
5,668 sqft
$3,000,000
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Price:
$3,000,000
$50,000 - 05/17/2023

Type Multi-Family
Beds 9
Total Baths 8 full baths
Square Feet 5,668 sqft
Lot Size 0.08 acres
Year Built 1905

City Boston
County Suffolk

MLS 73094948
Status Active
DOM 636 days
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!

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 Full, Walk-Out Access, Partially Finished
Garage Spaces 0
Waterfront 0 to 1/10 Mile To Beach, Beach Ownership(Public), Beach Front

Price History of 493-495 E 7th St, Boston, MA

Date Name Price Difference
05/17/2023 Price Adjustment $3,000,000 1.69%
04/04/2023 Listing Price $2,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 493-495 E 7th St, Boston, MA

Location Map Street View
Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by Compass, Aranson Maguire Group
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6.75%
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493-495 E 7th St (MLS #73094948) is a multi-family listing located in Boston, MA. This multi-family listing is 5,668 sqft and on a lot of 3,484 sqft (or 0.08 acres) with 9 bedrooms, 8 baths and is 119 years old. This property was listed on 04/04/2023 and has been priced for sale at $3,000,000.

Nearby zip codes are 02141.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Compass

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.