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501 East Broadway, South BostonBoston, MA 02127MLS Number 72498673

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

Est. Mortgage: $/month

Federal 30-year interest rate: 4.07% last updated on 2019-05-16

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 newer furnace and hot water tank this property is fully compliant with MA Building Code. Smoke/Fire Sprinkler monitor systems throughout. Rubber Roof. Each Unit has a private bath & kitchen. Units vary in physical size. Fully occupied the current rents are below market rate. A smart investor, providing modern upgrade can easily realize a reasonable return on this 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 99. Bus Stop 1/4 block. Close to the booming Seaport and Fort Point districts. Showings will need to be scheduled in advance and only for those very qualified investors. Email list agent to arrange showings Please note list price is firm. Can be delivered vacant with a non refundable deposit.

Listed by Conway & Associates of Olde Towne Real Estate Co.

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

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Driving Directions

Marsh Properties

Your Local Office

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

Office: (617) 716-0240

More Info

Parking

  • Garage Spaces
  • Parking Spaces

Building

  • Year Built1890
  • ConstructionFrame
  • Bathroom12
  • Full Baths12
  • Terms FeatureContract for Deed
  • Bedrms 11
  • Bedrooms12
  • Total Brs12
  • Rms 11
  • Total Fbh12
  • Total Flrs1
  • Total Levels1
  • No Units12
  • No Rooms1
  • Total Rms12
  • Total Rooms1
  • Levels4
  • Levels 11
  • BasementYes
  • FoundationFieldstone, Granite
  • Foundation Size20x75
  • DirectionEast Broadway between Dorchester St. ( Perkins Square ) & G Street
  • Lead PaintUnknown

Photos

  • Number of Photos3
  • Photo Date2019-05-13T13:07:00
  • Prop TypeMF

Basic Information

  • StatusACT
  • Property Type5+ Family - 5+ Units Up/Down
  • Date Listed05/13/2019
  • List Price$3,500,000
  • Price Per Sq Ft$713
  • Status Date2019-05-13T13:07:00
  • MLS Number72498673

Property

  • Acreage0.05
  • Lot Size2206
  • Square Feet4906
  • Lease 1N
  • Lease 2N
  • Lot DescriptionZero Lot Line
  • Total Rent16410
  • Assessments2109000
  • Main LoBB9212

Utilities

  • Heat Units1
  • Utility Connectionsfor Gas Oven
  • WaterCity/Town Water
  • Hot WaterNatural Gas
  • SewerCity/Town Sewer
  • Sewage Districtbwsc

Location

  • Street Num501
  • Building Number501
  • StreetEast Broadway
  • TownBoston
  • StateMA
  • Zip02127
  • NeighborhoodSouth Boston
  • CountySuffolk
  • Elementary SchoolBps
  • Junior HighBps
  • High SchoolBps

Interior

  • F Bths 11
  • Flrs 11
  • FlooringWood

Exterior

  • Colorgrey
  • ExteriorClapboard, Shingles
  • Exterior FeaturesDeck
  • Roof MaterialRubber

Water Body

  • WaterfrontNo
  • BeachfrontYes
  • Beach DescriptionBay
  • Miles to Beach1/10 to 3/10
  • Beach OwnershipPublic

Other

  • Year Built DescrpActual
  • Year RoundYes
  • Apod AvailableNo
  • Parcel Number601995000
  • Noi161000
  • View Count4

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