16 Atlantic Street Boston MA 02127 MLS #73249561

16 Atlantic Street
Boston, MA, 02127
$1,595,000
5 Beds
3 Baths
2,300 SqFt
0.05 Acres
$1,595,000
16 Atlantic Street
Boston, MA, 02127
Fully renovated two-family home in the heart of South Boston! This property features brand new siding, central A/C and mini splits, hardwood floors, spacious bedrooms, and modern kitchens and bathrooms with stainless steel appliances. Enjoy a large patio space in the rear, perfect for outdoor entertaining. Unit 1 is a large, renovated 1-bedroom unit currently collecting $3,300 a month in rent. Upstairs, you’ll find a spacious duplex with 4 bedrooms plus an office, collecting $5,700 a month in rent. There’s also potential to add value by converting the basement to a duplex for Unit 1. Additionally, there is room to increase the rent roll after the current lease cycle ends. Low maintenance and ready for new owners to enjoy. The location is fantastic—within walking distance to Broadway shops and restaurants, and next to Thomas Park. Don’t miss this incredible opportunity!

Property Details

Price:
$1,595,000
MLS #:
73249561
Status:
Active
Beds:
5
Baths:
3
Address:
16 Atlantic Street
Type:
Multi Family
Neighborhood:
South Boston
City:
Boston
Listed Date:
Jun 9, 2024
State:
MA
Finished Sq Ft:
2,300
Total Sq Ft:
2,300
ZIP:
02127
Lot Size:
2,000 sqft / 0.05 acres (approx)
Year Built:
1890
Units:
2

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Financial

Net Operating Income
$108,000
Tax Year
2024
Taxes
$12,740
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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16 Atlantic Street
Boston, MA