16 Atlantic St Boston, MA 02127
South Boston NeighborhoodEstimated payment $10,252/month
Highlights
- Beach Front
- Jogging Path
- Shops
- Property is near public transit
- Park
- Fenced
About This Home
Turnkey investment opportunity in the highly desirable South Boston market. 16 Atlantic is a spacious 5-bedroom, 3-bath multi-family property offering strong income potential and long-term appreciation in one of Boston’s most sought-after rental locations.The property features a flexible layout ideal for maximizing rental yield, with generously sized bedrooms and multiple full baths that appeal to today’s tenant demand. Well-maintained interiors and functional unit separation make for efficient management and consistent occupancy. The surrounding neighborhood continues to see strong growth, making this an excellent opportunity for both cash flow and equity appreciation. Ideal for investors seeking a stable asset in a high-demand urban market. Leases renewed through August 2027 with Unit 1 increasing to $3500 and Unit 2 increasing to $6000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,929
Year Built
- Built in 1890
Lot Details
- 2,000 Sq Ft Lot
- Beach Front
- Fenced
Home Design
- Stone Foundation
Interior Spaces
- 2,298 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number W:07 P:01033 S:000,1410970
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Shops
- Net Operating Income $87,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,929 | $1,289,200 | $513,600 | $775,600 |
| 2024 | $12,625 | $1,158,300 | $382,200 | $776,100 |
| 2023 | $11,520 | $1,072,600 | $353,900 | $718,700 |
| 2022 | $10,803 | $992,900 | $327,600 | $665,300 |
| 2021 | $10,386 | $973,400 | $321,200 | $652,200 |
| 2020 | $9,988 | $945,800 | $285,200 | $660,600 |
| 2019 | $9,777 | $927,600 | $220,100 | $707,500 |
| 2018 | $9,255 | $883,100 | $220,100 | $663,000 |
| 2017 | $8,502 | $802,800 | $220,100 | $582,700 |
| 2016 | $8,028 | $729,800 | $220,100 | $509,700 |
| 2015 | $6,872 | $567,500 | $154,800 | $412,700 |
| 2014 | $6,076 | $483,000 | $154,800 | $328,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | Price Changed | $1,699,000 | -5.6% | $739 / Sq Ft | |
| 04/06/2026 04/06/26 | For Sale | $1,799,000 | +13.5% | $783 / Sq Ft | |
| 11/04/2024 11/04/24 | Sold | $1,585,000 | 0.0% | $689 / Sq Ft | View Prior Sale |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- | |
| 09/23/2024 09/23/24 | Off Market | $1,585,000 | -- | -- | |
| 06/09/2024 06/09/24 | For Sale | $1,595,000 | +63.6% | $693 / Sq Ft | |
| 01/12/2023 01/12/23 | Sold | $975,000 | -18.8% | $424 / Sq Ft | View Prior Sale |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- | |
| 11/09/2022 11/09/22 | For Sale | $1,200,000 | -- | $522 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,585,000 | None Available | |
| Quit Claim Deed | $975,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,188,750 | Purchase Money Mortgage | |
| Previous Owner | $782,500 | Commercial | |
| Previous Owner | $585,000 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73496748
APN: SBOS-000000-000007-001033
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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.
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