428-432 E 3rd Street Boston MA 02127 MLS #73473936

428-432 E 3rd Street
Boston, MA, 02127
$3,650,000
9 Beds
9 Baths
6,018 SqFt
0.06 Acres
$3,650,000
428-432 E 3rd Street
Boston, MA, 02127
428-432 E 3rd Street consists of a three-story building containing nine (9) units comprised of nine (9), 1-Bedroom/1-Bathroom units with 6,018 square feet of living area in 8,024 gross square feet on a 0.06-arce parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas heat and hot water. The units feature hardwood/luxury vinyl plank flooring, oak colored wood cabinets, and Formica countertops. The building also features coin operated laundry facility in the basement. The Property offers a potential value-add opportunity by duplexing the 1st floor units into the basement area. This configuration can significantly increase the livable square footage and bedroom counts improving overall building revenue. The Property has been well maintained and is currently leased at below market rates, offering the opportunity to increase rents to market rates via lease renewals.

Property Details

Price:
$3,650,000
MLS #:
73473936
Status:
Active
Beds:
9
Baths:
9
Address:
428-432 E 3rd Street
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
southboston
City:
Boston
Listed Date:
Feb 3, 2026
State:
MA
Finished Sq Ft:
6,018
Total Sq Ft:
6,018
ZIP:
02127
Lot Size:
2,769 sqft / 0.06 acres (approx)
Year Built:
1899
Units:
9

Schools

Interior

Bathrooms
9 Full Bathrooms
Flooring
Wood, Vinyl

Exterior

Community Features
Public Transportation, Shopping, Walk/ Jog Trails, Medical Facility, Highway Access, Public School, T- Station
Construction Materials
Brick
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$216,815
Tax Year
2026
Taxes
$29,718
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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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428-432 E 3rd Street
Boston, MA