$1,700,000
$1,700,000
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6 Beds
5 Baths
3,195 SqFt
SOLD DATE : 02/28/2025
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,195 sqft
Price per Sqft $532
MLS Listing ID 73287167
Sold Date 02/28/25
Bedrooms 6
Full Baths 5
Year Built 1905
Annual Tax Amount $28,091
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type 5-9 Family
Property Description
*The building at 242 W 3rd & the Lot at 240 W 3rd was remove from this listing .Attention Investors! The property, comprising two three-family houses and a third parcel for parking (3 tax bills), has been lovingly maintained by long-term owners. Although below market (all TAWs), the current rents suggest a potential monthly income of $22K ($264K/Year) with just a hint of cosmetic work in two apartments. Five of the six units are two beds and two baths, and the sixth is two beds and one bath. The location is just two blocks from the West Broadway shops and minutes to the Seaport.
Location
State MA
County Suffolk
Area South Boston
Zoning 3Fam
Direction w 3rd between E & F streets.
Rooms
Basement Full, Walk-Out Access, Concrete, Unfinished
Interior
Flooring Tile, Carpet, Hardwood
Exterior
Fence Fenced/Enclosed
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T-Station
Waterfront Description Beach Front,Harbor,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Roof Type Rubber
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Stone, Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Ian Halpin • Lauchlin Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "