550 E 3rd St Boston, MA 02127
South Boston NeighborhoodEstimated payment $9,892/month
Highlights
- Marina
- Medical Services
- Property is near golf course, public transit, and schools
- Beethoven Elementary School Rated A-
- Property is near a beach
- Community Pool
About This Home
The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. 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. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.
Listing Agent
Kelleher - Pentore Team
Horvath & Tremblay Listed on: 09/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,613
Year Built
- Built in 2000
Home Design
- Triplex
- Shingle Roof
- Rubber Roof
Interior Spaces
- 2,501 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Additional Features
- Property is near a beach
- 1,045 Sq Ft Lot
- Property is near golf course, public transit, and schools
- Separate Meters
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 3340350
Community Details
Overview
- 3 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $363
- Insurance Expense $3,114
- Water Sewer Expense $1,320
- Operating Expense $15,661
- Net Operating Income $105,395
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,729 | $667,433 | $166,701 | $500,732 |
| 2024 | $7,444 | $682,898 | $166,701 | $516,197 |
| 2023 | $7,517 | $699,920 | $166,701 | $533,219 |
| 2022 | $7,301 | $671,026 | $166,701 | $504,325 |
| 2021 | $7,130 | $668,266 | $136,276 | $531,990 |
| 2020 | $5,777 | $547,045 | $136,276 | $410,769 |
| 2019 | $5,590 | $530,350 | $136,259 | $394,091 |
| 2018 | $5,303 | $505,966 | $129,442 | $376,524 |
| 2017 | $5,101 | $481,720 | $123,596 | $358,124 |
| 2016 | $3,201 | $290,958 | $114,840 | $176,118 |
| 2015 | $3,031 | $250,251 | $63,724 | $186,527 |
| 2014 | $2,943 | $233,927 | $56,648 | $177,279 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2026 09/18/26 | For Sale | $1,625,000 | 0.0% | $650 / 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 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,450,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $515,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73579556
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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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