550 E 3rd Street, Boston, MA 02127
550 E 3rd Street, Boston, MA 02127
550 E 3rd Street, Boston, MA 02127
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Olumide Olurinmade

Olumide Olurinmade

+1(919) 699-2200
$1,625,000
Est. payment /mo
6 Beds
3 Baths
2,501 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,501 sqft

Price per Sqft $649

MLS Listing ID 73579556

Bedrooms 6

Full Baths 3

Year Built 2000

Annual Tax Amount $8,613

Tax Year 2026

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via programmatic updates to the unrenovated units. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston's South Station, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.

Location

State MA

County Suffolk

Area South Boston

Zoning A

Direction Please Use GPS.

Rooms

Basement Unfinished

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other

Waterfront Description Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle,Rubber

Garage No

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay

NEARBY SCHOOL & BUSINESS

Olumide Olurinmade
Olumide Olurinmade

Broker License ID: 009500771

+1(919) 699-2200 | olushow@gmail.com

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550 E 3rd Street