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Aranson Maguire Group

493-495 E 7th St

$3,000,000 493-495 E 7th St, Boston, MA 02127
Rarely available, fully occupied, semi-attached, turnkey six-family with three sides of exposure! This spacious multi-family offers 4 one bedroom, one bathroom units occupying the second and third floors, as well as a first and garden level two bedroom, two bathroom duplex, and a three bedroom, two bathroom first and garden level duplex. Current rents are well below market value and easy to increase with little to no capital improvements, making $200,000+ gross rent per year achievable. Set in an ideal South Boston location - only two blocks to the beach, four blocks to bustling E. Broadway where there is something for everyone - restaurants, coffee shops, bars and grocery store. Close to major bus lines and public transit - this is an investor's dream, attracting a steady stream of quality tenants in a red hot rental market. Brand new back decks and 2nd means of egress!
  • For Sale
    Status
  • 9
    Bedrooms
  • 8
    Bathrooms
  • 1905
    Year Built
  • 5,668 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 5,668 Sq.Ft.
  • Lot Size: 3,484 Sq.Ft.
  • MLS® ID: 73094948
  • Type: Multi-Family
  • Year Built: 1905
  • Water Frontage: ['Beach Front', '0 to 1/10 Mile To Beach', 'Beach Ownership(Public)']

Interior

  • Total Bedrooms: 9
  • Total Bathrooms: 8
  • Flooring: Tile, Hardwood, Parquet

Exterior & Building

  • Stories: 9
  • Water Source: Public
  • Roof: Rubber
  • Lot Features: Corner Lot
  • Parking: On Street
  • Sewer: Public Sewer
  • Substructure: Brick/Mortar
  • Other Exterior Features: Deck - Wood, Patio, Gutters, Screens

Financial

  • Sales Price: $3,000,000
  • Real Estate Tax: $20,872/yr
  • Zoning: R3

493-495 E 7th St

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