$1,849,000

Estimated payment $10,758/month

8 Beds
3 Baths
2,262 Sq Ft
$817 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Fenced

About This Home

16 Mitchell Street presents a rare opportunity to acquire a value-add asset in South Boston’s rapidly evolving Andrew Square corridor, a market with limited entry opportunities. Located just moments from the transformative Washington Village development, the property stands to benefit from one of the area’s most significant redevelopment projects, bringing new residential housing, retail, public spaces, and infrastructure improvements to the neighborhood. The building features renovated, bright living spaces with thoughtful updates and strong rental appeal. While the units are move-in ready, the property still offers meaningful upside for investors or owner-occupants. Slight adjustments such as adding central-air, creates the potential to increase rental income and overall asset value. There is also the possibility to expand into the basement, offering a path to capture additional square footage and enhance long-term value.

Listing Agent

Ryan Foley

Greater Metropolitan R. E. Listed on: 03/10/2026

Co-Listing Agent

Ryan Bartlett

Greater Metropolitan R. E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,899

Year Built

  • Built in 1905

Lot Details

  • 1,661 Sq Ft Lot
  • Fenced

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,262 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Community Details

  • 3 Units
  • Net Operating Income $146,400

Listing and Financial Details

  • Assessor Parcel Number W:07 P:00455 S:000,1410265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,899

Year Built

Built in 1905

Lot Details

1,661 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1905
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 2262
  • Living Area: 2262
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB1092

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Tankless

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: W:07 P:00455 S:000,1410265
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1661
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14899

Multi Family

  • Net Operating Income: 146400
  • Number Of Units Total: 3
  • Total Actual Rent: 12200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,899 $1,286,600 $355,800 $930,800
2024 $13,626 $1,250,100 $242,500 $1,007,600
2023 $12,514 $1,165,200 $266,800 $898,400
2022 $11,320 $1,040,400 $238,200 $802,200
2021 $10,573 $990,900 $226,900 $764,000
2020 $9,505 $900,100 $219,000 $681,100
2019 $8,627 $818,500 $154,000 $664,500
2018 $8,014 $764,700 $154,000 $610,700
2017 $7,708 $727,900 $154,000 $573,900
2016 $6,963 $633,000 $154,000 $479,000
2015 $6,300 $520,200 $150,400 $369,800
2014 $5,689 $452,200 $150,400 $301,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 For Sale $1,849,000 -- $817 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $1,215,000 None Available
Deed -- None Available
Deed -- --
Land Court Massachusetts $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,036,500 Purchase Money Mortgage
Previous Owner $3,500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $400,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73484915

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-000455

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