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501 East Broadway, South BostonBoston, MA 02127MLS Number 72138323

  • Price: $3,500,000The price has recently decreased
  • Est. Mortgage of $/month
  • 235 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.86% last updated on 2017-08-24

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 12Bedrooms
  • 12Bathroom
  • 4906Square Feet
  • 0.05Acreage

INVESTOR ALERT….A rare find in a hot location. This LEGAL 12 studio unit building has had continue upkeep throughout the years. With new furnace and hot water tanks installed in February, this property is fully compliant with all Boston Housing and Massachusetts Building Code. Camera Security exterior. Roof 8 years old. Each Unit has a private bath along with a kitchen and sleeping space. Fully occupied the current rents are below market rate. A smart investor, providing modern upgrade is easily capable to realize a reasonable increase in rents to create a most reasonable return on this investment. Located in the very heart of South Boston on East Broadway steps to the shops, restaurants, taverns, bus stops. Very short distance to the beaches & parks… Walk Score of 92. Close to the booming Seaport and Fort Point neighborhoods of South Boston. Showings will need to be scheduled in advance and only for those very qualified investors. Email list agent for additional details

Listed by Dennis M. Conway of Olde Towne Real Estate Co.

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Call: 617-716-0240 or send a message:

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Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

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Basic Information

Interior

Exterior

Water Body

Location

  • StreetEast Broadway
  • Street No501
  • TownBoston
  • Building Number501
  • StateMA
  • Zip02127
  • NeighborhoodSouth Boston
  • CountySuffolk

Property

  • Acreage0.05
  • Square Feet4906
  • Lot Size2206
  • Year Built1890
  • Garage Spaces
  • Parking Spaces
  • Assessments2109000

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Other

  • Property Type5+ Family - 5+ Units Up/Down
  • View Count59

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