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574 East 3Rd St Boston, MA 02127

For Sale
$1,999,000

Fully rented South Boston three-family with redevelopment potential.

Lot size:
0.11 Acres

Property Features for 574 East 3Rd St

General Information

Lot size
0.11 Acres

Building Details

Year built
1890

Source: Charlesgate Realty Group, llc Agent Matthew Giangregorio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

South Boston Detached Three-Family Property

This detached three-family property is located in South Boston. The property is fully rented, generating an annual gross income of $126,000, with all leases extending until 8/31/26. Situated on a 4,800 sq. ft. lot with a large backyard, the building includes an unfinished basement and three spacious apartments, each featuring 3 bedrooms and 1 bathroom. Each unit also has laundry, bay windows, hardwoods, back porches, and nicely sized bedrooms. The property presents opportunities for a long-term hold with potential for value-add renovations, a condo conversion, redevelopment, or eventual owner occupancy. The location is in close proximity to the Edison Plant redevelopment, East Broadway, The Seaport, Castle Island, Carson Beach, and the MBTA.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Boston
County
Suffolk
State
Massachusetts
Longitude
-71.03696
Latitude
42.33662

FAQs

What type of property is this?
Triplex - Fully rented South Boston three-family with redevelopment potential.
Where is this triplex located?
The property is located at 574 East 3Rd St Boston, MA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: - High Gross Annual Income: $126,000 with leases until 8/31/26.; - Prime South Boston Location: Close to East Broadway, The Seaport, Castle Island, Carson Beach, and the MBTA.; - Large Detached 3-Family on a 4,800 sq. ft. Lot with a Large Backyard.
More about this property
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