$1,595,000
PENDING

Estimated payment $9,995/month

Total Views 957
4 Beds
3.5 Baths
2,841 Sq Ft
$561 Price per Sq Ft

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Greenhouse
  • 0.06 Acre Lot
  • Wood Flooring

About This Home

Exceptional opportunity for investors, developers, or owner-occupants in the heart of South Boston! 656 East 5th Street is a well-maintained 3-family home offering 2,873 sq ft of living space with flexible use potential. The property features a renovated 1-bed/1-bath on the 1st floor, a spacious 1-bed/1-bath with walk-in closet, updated kitchen, and pantry on the 2nd, and a 3-bed/1-bath on the 3rd floor with hardwood floors and a large updated kitchen. Enjoy 3 off-street parking spaces, a private backyard green space, and a recently updated roof. Located steps from East & West Broadway's restaurants, shops, and bars, and just minutes to Castle Island, M Street Beach, Pleasure Bay, and the Seaport. Easy MBTA and highway access, close to public and private schools, gyms, and weekend recreation. Perfect for maximizing rental income, condo conversion, or multi-generational living in one of Boston’s most vibrant and growing neighborhoods.

Listing Agent

Daniel Martini

In REM Real Estate Inc. Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,467

Year Built

  • Built in 1900

Lot Details

  • 2,767 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2,841 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Greenhouse
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • 110 Volts

Listing and Financial Details

  • Assessor Parcel Number 1413930

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,467

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 2841
  • Living Area: 2841
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN3103
  • LIST PRICE PER Sq Ft: 561.42
  • PRICE PER Sq Ft: 561.42

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s), Greenhouse
  • Patio And Porch Features: Patio
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Access, Bay, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Driveway, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 1413930
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2767
  • Lot Size Units: Acres
  • PAGE: 368

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16467
  • Tax Book Number: 7311

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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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 $16,467 $1,422,000 $506,900 $915,100
2024 $14,111 $1,294,600 $345,900 $948,700
2023 $12,874 $1,198,700 $320,300 $878,400
2022 $11,857 $1,089,800 $291,200 $798,600
2021 $11,628 $1,089,800 $291,200 $798,600
2020 $8,959 $848,400 $305,300 $543,100
2019 $8,117 $770,100 $215,400 $554,700
2018 $7,641 $729,100 $215,400 $513,700
2017 $7,351 $694,100 $215,400 $478,700
2016 $6,640 $603,600 $215,400 $388,200
2015 $6,743 $556,800 $218,400 $338,400
2014 $6,611 $525,500 $218,400 $307,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $1,595,000 -- $561 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Credit Line Revolving
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73421081

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-002591