428-432 E 3rd St Boston, MA 02127
South Boston NeighborhoodEstimated payment $21,469/month
Highlights
- Beach Front
- 0.06 Acre Lot
- Wood Flooring
- Medical Services
- Property is near public transit and schools
- Jogging Path
About This Home
428-432 E 3rd Street consists of a three-story building containing nine (9) units comprised of nine (9), 1-Bedroom/1-Bathroom units with 6,018 square feet of living area in 8,024 gross square feet on a 0.06-arce parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas heat and hot water. The units feature hardwood/luxury vinyl plank flooring, oak colored wood cabinets, and Formica countertops. The building also features coin operated laundry facility in the basement. The Property offers a potential value-add opportunity by duplexing the 1st floor units into the basement area. This configuration can significantly increase the livable square footage and bedroom counts improving overall building revenue. The Property has been well maintained and is currently leased at below market rates, offering the opportunity to increase rents to market rates via lease renewals.
Co-Listing Agent
Dennis Kelleher
Horvath & Tremblay
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,718
Year Built
- Built in 1899
Lot Details
- 2,769 Sq Ft Lot
- Beach Front
- Level Lot
Home Design
- 6,018 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 1414766
Community Details
Overview
- 9 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Jogging Path
Building Details
- Operating Expense $55,488
- Net Operating Income $216,815
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $3,650,000 | -- | $607 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73473936
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