388 Athens St Boston, MA 02127
South Boston NeighborhoodEstimated payment $18,546/month
Total Views
4,024
6
Beds
6
Baths
4,620
Sq Ft
$682
Price per Sq Ft
Highlights
- Medical Services
- Jogging Path
- Shops
- Property is near public transit
- Park
- 4 Car Garage
About This Home
Prime South Boston 3-Unit Multifamily Opportunity. An exceptional investment opportunity in the heart of South Boston, 388 Athens Street is a brand-new, ground-up construction 3-unit multifamily building completed in 2024. This boutique elevator building offers three thoughtfully designed 2-bedroom, 2-bathroom units—each featuring open floor plans, quartz countertops, stainless steel appliances, central heat and AC, and in-unit laundry. Designed with both luxury and functionality in mind, the property includes four garage parking spaces, an increasingly rare amenity in this highly sought-after location. Perfectly positioned near the vibrant intersection of East and West Broadway, residents enjoy immediate access to the best of South Boston’s dining, shopping, beaches, and parks—appealing to both owner-occupants and renters alike. All three units offer strong rental income, making this a turn-key investment in one of Boston’s most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,587
Year Built
- Built in 2024
Lot Details
- 1,859 Sq Ft Lot
- Level Lot
Parking
- 4 Car Garage
- Deeded Parking
Home Design
- 4,620 Sq Ft Home
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number W:06 P:01865 S:000,1412390
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $167,400
Map
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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 | $16,587 | $1,432,400 | $249,300 | $1,183,100 |
| 2024 | $1,832 | $72,500 | $66,900 | $5,600 |
| 2023 | $1,789 | $72,500 | $66,900 | $5,600 |
| 2022 | $1,441 | $57,700 | $52,100 | $5,600 |
| 2021 | $1,100 | $44,800 | $39,000 | $5,800 |
| 2020 | $1,116 | $44,800 | $39,000 | $5,800 |
| 2019 | $1,115 | $44,600 | $44,600 | $0 |
| 2018 | $1,079 | $42,800 | $42,800 | $0 |
| 2017 | $1,012 | $39,900 | $39,900 | $0 |
| 2016 | $995 | $37,100 | $37,100 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $3,150,000 | -- | $682 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,435,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Similar Homes in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73375550
APN: 0601865000
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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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