574 E 3rd St Boston, MA 02127
South Boston NeighborhoodEstimated payment $12,081/month
Highlights
- Marina
- Deck
- Wood Flooring
- 0.11 Acre Lot
- Property is near public transit
- Jogging Path
About This Home
Large, Detached South Boston 3 Family! This “East Side” Southie multifamily property is fully rented with an annual gross income of $126,000 and all leases going until 8/31/26. This multi-generational, longtime family-owned home and income property has an outstanding rental history and presents an opportunity for a continued long-term hold (with TLC, as is, or with value-add renovations), a condo conversion, redevelopment, or eventual owner occupancy. Situated on a 4,800 sq. ft. lot with a large backyard, this building features an unfinished basement and three spacious 3 BR / 1 BA apartments with laundry in each unit, bay windows, hardwoods, back porches, and nicely sized bedrooms. Fantastic location in the heart of South Boston, in close proximity to the Edison Plant redevelopment, East Broadway, The Seaport, Castle Island, Carson Beach, the MBTA, and all that Southie and Boston have to offer. Outstanding opportunity in one of the nation’s most sought after multifamily markets!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,165
Year Built
- Built in 1890
Lot Details
- 4,800 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Frame Construction
- Stone
Interior Spaces
- 3,639 Sq Ft Home
- Property has 1 Level
- Skylights
- Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Balcony
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Bps Elementary And Middle School
- Bps High School
Utilities
- Window Unit Cooling System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number W:06 P:03484 S:000,1414245
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
Additional Features
- 3 Units
- Net Operating Income $126,000
Map
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 | $19,165 | $1,655,000 | $463,100 | $1,191,900 |
| 2024 | $16,762 | $1,537,800 | $377,300 | $1,160,500 |
| 2023 | $15,298 | $1,424,400 | $349,500 | $1,074,900 |
| 2022 | $14,089 | $1,294,900 | $317,700 | $977,200 |
| 2021 | $13,158 | $1,233,200 | $302,600 | $930,600 |
| 2020 | $11,738 | $1,111,600 | $304,100 | $807,500 |
| 2019 | $10,652 | $1,010,600 | $231,400 | $779,200 |
| 2018 | $10,285 | $981,400 | $231,400 | $750,000 |
| 2017 | $9,897 | $934,600 | $231,400 | $703,200 |
| 2016 | $9,180 | $834,500 | $231,400 | $603,100 |
| 2015 | $9,287 | $766,900 | $280,100 | $486,800 |
| 2014 | $8,362 | $664,700 | $280,100 | $384,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | Pending | -- | -- | -- |
| 10/28/2025 10/28/25 | For Sale | $1,999,000 | -- | $549 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73448723
APN: SBOS-000000-000006-003484
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