
550 E 3rd St Boston, MA 02127
South Boston NeighborhoodEstimated payment $10,711/month
Highlights
- Medical Services
- Park
- Coin Laundry
- Property is near public transit
- Shops
- Level Lot
About This Home
550 E 3rd Street consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. 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 programmatic updates to the unrenovated units. 550 E 3rd Street offers the opportunity to acquire a fully leased investment in an exceptional, urban-infill location.
Listing Agent
Kelleher - Pentore Team
Horvath & Tremblay Listed on: 07/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,795
Year Built
- Built in 2000
Lot Details
- 1,045 Sq Ft Lot
- Level Lot
Home Design
- Triplex
- Shingle Roof
- Rubber Roof
Interior Spaces
- 2,501 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
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)
- Assessor Parcel Number 3340350
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Operating Expense $19,356
- Net Operating Income $105,444
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/14/2025 07/14/25 | For Sale | $1,850,000 | 0.0% | $740 / Sq Ft |
09/01/2016 09/01/16 | Rented | $2,700 | 0.0% | -- |
07/01/2016 07/01/16 | Under Contract | -- | -- | -- |
06/27/2016 06/27/16 | Price Changed | $2,700 | -8.5% | $3 / Sq Ft |
06/18/2016 06/18/16 | For Rent | $2,950 | -- | -- |
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