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428-432 E 3rd Street

Boston, MA 02127
  • $3,650,000
  • STATUS: Under Agreement
  • MLS #: 73473936
Pending
UPDATED: 44 min ago
$3,650,000
  • 9
    BEDS
  • 0.06
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 6,018
    SQFT
  • $607
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1899
County:
Area:

School Ratings & Info

Listing courtesy of Nick Bevilacqua of Horvath & Tremblay.

Description

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-03-12T16:04:37.507.
www.seybothteamhomes.com/homes/172702156
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428-432 E 3rd Street Boston, MA 02127

  • Price: $3,650,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 44 min ago
  • MLS #: 73473936
9
Beds
9
Baths
0
½ Baths
0.06
Acres
6,018
SQFT
$607
$/SQFT
1899
Built
Neighborhood:
South Boston
County:
Suffolk
Area:
South Boston
Property Description
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.
Exterior Features

Construction Materials Brick Covered Spaces 0 Garage YN No Levels 5 Lot Features Level Open Parking YN Yes Parking Features On Street Parking Total 0 Roof Rubber Spa YN No Waterfront YN No

Interior Features

Basement FullWalk-Out Access Building Area Total 6018 Fireplace YN No Fireplaces Total 0 Flooring WoodVinyl Foundation Details Brick/Mortar Lead Paint Unknown Rooms Total 27

Property Features

Community Features Public TransportationShoppingWalk/Jog TrailsMedical FacilityHighway AccessPublic SchoolT-Station Contingency Pending P&S Gross Income 272303 Home Warranty YN No Net Operating Income 216815 Operating Expense 55488 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 29718 Tax Year 2026 Total Actual Rent 23325 Water Source Public Year Built Details Approximate Zoning A

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Nick Bevilacqua of Horvath & Tremblay: 781-776-4000.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-03-12T16:04:37.507.
 
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Listing courtesy of Nick Bevilacqua of Horvath & Tremblay.