MA > Boston
Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
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Albert Surabian

Albert Surabian

+1(508) 981-7227
$ 4,000,000
Est. payment | /mo

9 Beds

13.5 Baths

8,024 SqFt

Save
$ 4,000,000
Est. payment | /mo
Save

9 Beds

13.5 Baths

8,024 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,024 sqft

Price per Sqft $498

MLS Listing ID 73389286

Bedrooms 9

Full Baths 9

Half Baths 9

Year Built 1899

Annual Tax Amount $9

Tax Year 9

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 5-9 Family

Property Description

Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents through cosmetic improvements. The property is currently 100% leased at below market rents. Additionally, the property presents a potential condominium conversion opportunity. 428-432 E Third is part of a larger portfolio with 444 E Third St, the longtime home of USPS. The two sites total 21,543 SF of development potential.

Location

State MA

County Suffolk

Zoning 9

Direction Located on East Third Street between Emerson Street and H Street

Interior

Fireplaces Number 18

Exterior

Roof Type Rubber

Garage No

Building

Lot Description Other

Story 18

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Cushman & Wakefield
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(508) 981-7227

support@albertsurabian.com

22 W Main St, Westborough, MA, 01581, United States

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428-432 East Third Street