577 Massachusetts Ave Boston MA 02118 MLS #73308669

577 Massachusetts Ave
Boston, MA, 02118
$5,300,000
9 Beds
6.5 Baths
5,435 SqFt
0.05 Acres
$5,300,000
577 Massachusetts Ave
Boston, MA, 02118
Don’t miss this rare opportunity to own a gut-renovated four-family investment property in Boston’s coveted South End. This historic brick row house features four never-lived-in units, offering the potential to achieve superior rents. The building includes two 2-bed/1-bath apartments, one 2-bed/2-bath apartment, and a massive 3 bed/2.5-bath penthouse duplex, with an additional loft level. Extensive renovations, featuring brand new utilities and mechanical systems, provide investors with the assurance that their property is well-equipped for long-term success. Private outdoor space, in-unit laundry, and central heating and cooling make this property stand out among comparable rental options. An easy condo-conversion alternative also provides investors with the option to sell as condos in the future. Ideally located near universities, public transportation, and the city’s best amenities, 577 Mass Ave is truly a prime investment opportunity.

Property Details

Price:
$5,300,000
MLS #:
73308669
Status:
Active
Beds:
9
Baths:
6.5
Address:
577 Massachusetts Ave
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
South End
City:
Boston
Listed Date:
Nov 1, 2024
State:
MA
Finished Sq Ft:
5,435
Total Sq Ft:
5,435
ZIP:
02118
Lot Size:
2,350 sqft / 0.05 acres (approx)
Year Built:
1920
Units:
4

Schools

Interior

Appliances
Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Freezer, Washer, Dryer, Range Hood
Bathrooms
6 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Central, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame, Brick, Stone
Exterior Features
Balcony/ Deck
Parking Features
On Street
Roof
Shingle, Rubber

Financial

Tax Year
2024
Taxes
$23,756
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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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577 Massachusetts Ave
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