$6,200,000

1 Schrepel Place Boston, MA 02127

South Boston Neighborhood

Estimated payment $37,827/month

Total Views 2,701
20 Beds
12 Baths
11,070 Sq Ft
$560 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Coin Laundry
  • 0.14 Acre Lot
  • Shops
  • Level Lot

About This Home

1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. 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 lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.

Listing Agent

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 07/14/2025

Co-Listing Agent

Dennis Kelleher

Horvath & Tremblay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $49,321

Year Built

  • Built in 1920

Lot Details

  • 6,490 Sq Ft Lot
  • Level Lot

Home Design

  • Rubber Roof

Interior Spaces

  • 11,070 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 12 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)

Community Details

Overview

  • 12 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $100,634
  • Net Operating Income $357,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$49,321

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Levels: 3
  • Buyer Agency: 1.5
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 20
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Total Bathrooms: 12
  • Above Grade Finished Sq Ft: 11070
  • Living Area: 11070
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 560.07
  • PRICE PER Sq Ft: 560.07

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6490
  • Lot Size Units: Acres
  • PAGE: 303

Tax Info

  • Tax Year: 25
  • Tax Annual Amount: 49321
  • Tax Book Number: 63357

Multi Family

  • Gross Income: 458576
  • Net Operating Income: 357942
  • Number Of Units Total: 12
  • Operating Expense: 100634
  • Total Actual Rent: 32670
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $6,200,000 -50.4% $560 / Sq Ft
07/15/2020 07/15/20 Sold $12,500,000 -8.4% $25,000 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $13,650,000 -9.0% $27,300 / Sq Ft
02/07/2020 02/07/20 For Sale $15,000,000 -- $30,000 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73404175

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Boston 02127 South Boston

1 Schrepel Place, Boston, MA

This home is located at 1 Schrepel Place, Boston, MA 02127 and is currently priced at $6,200,000, approximately $560 per square foot. This property was built in 1920. 1 Schrepel Place is a home located in Suffolk County with nearby schools including Gate of Heaven Elementary School, South Boston Catholic Academy, and St Peter Academy.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Listing Agent
Kelleher - Pentore Team
Horvath & Tremblay