Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
Boston, MA 02127,428-432 East Third Street
10
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$4,000,000
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9 Beds
13.5 Baths
8,024 SqFt
New

428-432 East Third Street Boston, MA 02127

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

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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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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