493-495 E 7th St, Boston, MA

$3,000,000

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9

Beds

8

Baths

5,668

Square feet

0.08

Acres

About 493-495 E 7th St

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!

Features of 493-495 E 7th St

MLS® # 73094948
Price $3,000,000
Bedrooms 9
Bathrooms 8.00
Full Baths 8
Square Footage 5,668
Acres 0.08
Year Built 1905
Type Residential Income
Sub-Type 5-9 Family
Status Active

Community Information

Address 493-495 E 7th St
Area South Boston
City Boston
County Suffolk
State MA
Zip Code 02127-4151

Amenities

Parking On Street
Is Waterfront No
Waterfront Beach Front, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Has Pool No

Interior

Fireplace No
# of Stories 9

Exterior

Exterior Features Deck - Wood,Patio,Gutters,Screens
Lot Description Corner Lot
Windows Insulated Windows, Screens
Roof Rubber
Construction Frame
Foundation Brick/Mortar

Additional Information

Zoning R3

Listing Details

Agent Aranson Maguire Group
Office Compass
Buyer Agent Compensation 2.5
Compensation Based On Net Sale Price
Sub Agency Relationship Offered No

Listing Map

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