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Attention Investors! Feast your eyes on this rare offering—a six-unit building with an extra lot for parking strategically located for maximum tenant convenience. The property, comprising two three-family houses and a third parcel for parking (3 tax bills), has been lovingly maintained by long-term owners. Although below market (all TAWs), the current rents suggest a potential monthly income of $22K ($264K/Year) with just a hint of cosmetic work in two apartments. Five of the six units are two beds and two baths, and the sixth is two beds and one bath. The location, just two blocks from the West Broadway shops and minutes to the Seaport is a tenant's paradise.
Listed by Jackie Rooney Team, Jack Rooney and Jackie Rooney of Rooney Real Estate,LLC
258-270 K street is an exceptionally rare corner lot development opportunity with multiple curb cuts in the heart of South Boston. 258-266 K street is formally the site of the beloved Joseph's Bakery and consists of 3700 usable sf + basement on a 5368 sf lot. 268-270 K street the adjacent building is a 3228 sf well maintained 2-family on a 6603 sf lot. Additionally, this parcel has 10 gated parking spaces, an extreme rarity in Southie! The sale of the 2 parcels would give the buyer a combined 11,971 sf lot. Located in the South Boston Neighborhood MFR zoning district, there is a wide array of allowed & conditional uses for redevelopment. With approval, highest & best use is expected to be a fully residential conversion or a mixed use retail/residential conversion. The multifamily residential subdistrict dimensional regulations including FAR, frontage, building height, etc. can be found in article 68 table D on the Boston planning and development agency website.
Listed by Aldo Masciave and Ramsay Fretz of Leading Edge Real Estate
Attention all investors and developers! Don't miss out on this opportunity to transform this spacious 3 family residence into condos or keep as apartments! There is potential of grossing over $12,000/month in rent valuing this building over $1.9mm fully occupied and stabilized. Recent condo sales prove $1,000+/sq. ft. is attainable selling as condos. Completed architectural plans and the site plan will transfer with the building so you can get started on work as soon as you close!
Listed by Aranson Maguire Group and Matthew Aranson of Compass
Impeccable condo quality two family or excellent single family alternative with four garage parking spots, roof deck and landscaped yard! Both units offer open living concept with stanless/granite kitchens complete with islands, designated dining and massive living rooms with gas fireplaces and custom built in bookshelves. Kingsize master suites, king size guest bedrooms, offices, walk in closets and stone baths. Additional features include in unit laundry, central air, custom window treatments and classic millwork. Outside space is unparalleled with large landscaped yard, stone patio, two large decks and roof deck with direct access complete with wet bar and city views! Garage offers additional storage, apoxy floors and space for four cars!
Listed by Joyce Lebedew of Joyce Lebedew Real Estate
Calling all investors and developers. This is your opportunity to own a TURNKEY generational asset just steps from the beach that just underwent a top-to-bottom renovation, the centerpiece of which was a ~700 square foot vertical addition, with the potential to develop the second lot into an additional building. Not only does this three-family with parking command substantial rents, but the opportunity is there to add value with the parking area (with curb cut) to bring in even more revenue. All units feature new stainless-steel appliances, granite countertops, washer/dryers, and more. The beautiful tiled bathrooms will take your breath away. Lots of deck space with ocean views is hard to beat. Great location, directly in front of MBTA 11 bus stop and short walk to the Red Line's Andrew Square or JFK/UMASS for the Commuter Rail, and highway access just down the road mean easy trips to downtown. A quick walk to East Broadway for shopping, food, and fun! Perfect for any 1031's next deal.
Listed by Joseph Rinaldi of Keller Williams Realty Boston-Metro | Back Bay
Currently existing as 7 buildings totaling 15 units configured as two single family, two 2 family and three 3 family dwellings. A recent appraisal values the properties in their current state at $10,100,000. Approved plans in hand for 34 units with some garage parking. Appraised end value of $30,400,000. Plans in hand need to be updated for permits. Near major highways, public services, shopping and schools.
Currently existing as 7 buildings totaling 15 units configured as two single family, two 2 family and three 3 family dwellings. A recent appraisal values the properties in their current state at $10,100,000. Approved plans in hand for 34 units with some garage parking. Appraised end value of $30,400,000. Plans in hand need to be updated for permits. Near major highways, public services, shopping and schools.
This turnkey 3 family asset is perfect for a 1031 exchange buyer or savvy investor looking for a high grossing income with low maintenance costs. This asset has 13 Bedrooms and 6 bathrooms in total. Located on the East side of South Boston just steps away from restaurants, shops, public transportation and the beach. Renovations units include stainless steel appliances in modern kitchens, brand new bathrooms , hardwood floors throughout, Central AC & Heat, rubber roof. Unit 2 has a bonus room with a large 2 level deck off of the rear which could be used as a bedroom. Extremely large yard also adding to the potential value add ability for an investor. This property will be a great investment for any owner looking to enter into the South Boston market.
733-739 East Broadway, a rare opportunity to acquire a prime development site in one of South Boston's most sought-after locations. An exceptional gem nestled in the heart of South Boston. Four parcels on a 6,250 lot. Two buildings with ten rental units and two commercial spaces. 733-739 East Broadway is in close proximity to several transformational projects including 776 Summer Street. Investors are offered immediate value with a positive cash flow in place. This property benefits from excellent access to public transportation, amenities, and other attractions.
Listed by Marcella Sliney of Coldwell Banker Realty - Boston
Fully renovated two-family home in the heart of South Boston! This property features brand new siding, central A/C and mini splits, hardwood floors, spacious bedrooms, and modern kitchens and bathrooms with stainless steel appliances. Enjoy a large patio space in the rear, perfect for outdoor entertaining. Unit 1 is a large, renovated 1-bedroom unit currently collecting $3,300 a month in rent. Upstairs, you'll find a spacious duplex with 4 bedrooms plus an office, collecting $5,700 a month in rent. There's also potential to add value by converting the basement to a duplex for Unit 1. Additionally, there is room to increase the rent roll after the current lease cycle ends. Low maintenance and ready for new owners to enjoy. The location is fantastic—within walking distance to Broadway shops and restaurants, and next to Thomas Park. Don't miss this incredible opportunity!
Renovated three family in highly sought after South Boston. Located adjacent to several new large developments including Washington Village. All 3 units have been updated with granite & stainless steel kitchens, hardwood floors, tiled baths, gas fireplaces, central heat & central air conditioning, each unit has its own private deck, there is also a common roof deck with spectacular city views. Extremely well located and within walking distance to shops, restaurants, the beach and two train stops(redline T). This is an excellent opportunity to add a solid turn key property to any portfolio.
Opportunity to develop in South Boston on 2979 SF of combined property (.068 acres). Unique multiple parcels adjoining E Street (#219-221) and W 7th Street (#157). This property has been in the family for years and is ready for a new transformation! The property is being sold in "As-Is"condition. Buyers and buyer's agents are to perform all due diligence. Seller makes no representations or warranties. Located on the cusp of the West side neighborhood and the transformation of the popular Washington Square Village, expanded retail, new restaurants, Ink Block, SOWA, easy access to Andrew Square, Broadway and the Seaport, this is the place to be! South Boston offers a desirable lifestyle, access to Red Line, I90, I93, exciting social scene as the main attraction for Biotech and multiple capital market focus. With so much room for growth, this property is a special opportunity for investors/ builders/owner occupants and developers!
Listed by Team Ferrari of Ferrari + Co. Real Estate
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled byMLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
