$3,850,000
PENDING

Estimated payment $22,585/month

Total Views 1,207
10 Beds
7.5 Baths
5,000 Sq Ft
$770 Price per Sq Ft

Highlights

  • Marina
  • 0.09 Acre Lot
  • Property is near public transit
  • Medical Services
  • Deck
  • Wood Flooring

About This Home

Introducing 551 E 7th Street: a brand new, three-unit building featuring high-end finishes and deeded parking. This centrally located property on the East Side of South Boston is conveniently close to Broadway shops, the South Boston beaches, and all T bus lines, and is just minutes away from the Seaport area. Unit #1 is a spacious 1,800-square-foot townhouse that offers a single-family feel. It includes 3+ bedrooms, 3.5 bathrooms, and a dedicated home office. #2 & #3 are 1200 SF each, offering 3 bedrooms and 2 full baths. Additional features and amenities include four-car covered parking spaces, a large patio yard, custom kitchens equipped with Thermador appliances and quartz waterfall countertops, white oak flooring, and Drutex windows. This property is definitely worth viewing!

Listing Agent

Jackie Rooney

Rooney Real Estate, LLC Listed on: 10/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,000

Year Built

  • Built in 2025

Lot Details

  • 3,750 Sq Ft Lot
  • Fenced

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Cooling Zones
  • 4 Heating Zones

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1412034

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $228,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,000

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 2025
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: NewHome
  • Stories: 5

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 10
  • Basement YN: No
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8
  • Laundry Features: Electric Dryer Hookup
  • Above Grade Finished Sq Ft: 5000
  • Living Area: 5000
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: BB4464

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter, Slab
  • Home Warranty YN: Yes
  • Patio And Porch Features: Deck, Patio - Enclosed
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 4
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1412034
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3750
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 28000

Multi Family

  • Net Operating Income: 228000
  • Number Of Units Total: 3
  • Total Actual Rent: 19000
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • COOLING UNITS: 4
  • 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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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 $12,555 $1,084,200 $612,000 $472,200
2024 $11,580 $1,062,400 $535,500 $526,900
2023 $10,769 $1,002,700 $505,400 $497,300
2022 $10,005 $919,600 $463,500 $456,100
2021 $9,410 $881,900 $450,000 $431,900
2020 $8,462 $801,300 $438,900 $362,400
2019 $7,749 $735,200 $317,600 $417,600
2018 $7,340 $700,400 $317,600 $382,800
2017 $7,061 $666,800 $317,600 $349,200
2016 $6,378 $579,800 $317,600 $262,200
2015 $6,806 $562,000 $244,200 $317,800
2014 $6,187 $491,800 $244,200 $247,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Pending -- -- --
10/31/2025 10/31/25 For Sale $3,850,000 -- $770 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $1,250,000 None Available
Deed $24,464 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $182,000 No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73450128

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002156