Opportunity strikes in vibrant South Boston! This 2 family gem holds THREE coveted parking spots (Southie gold!) and offers 2 spacious units: Unit 1 features 2 beds, 1 bath, and 850 sq ft, is renting for $3500/mo. Unit 2 is a sunny BILEVEL beauty with 3 beds, 2 baths, and 1207 sq ft, renting for $5000/mo (lease end: 8/31/25). Both units have private decks & in unit laundry! PARKING brings in an additional $325-400 per spot/month bringing the total rent roll to $9625 at full capacity! Unbeatable location: 0.2 miles to the beach, conveniently on a bus route and perfectly situated in the middle of all Southie has to offer while still enjoying the feels of East side residential living. Seller has drawn plans available for a rear expansion, potentially adding 1,689 sq ft and converting the third floor into a 3rd unit! Plans have not yet been permitted. Don’t miss out on this prime property with immense potential! Can also be sold as condos.
581 East Eighth (MLS #73299666) is a multi-family listing located in Boston, MA.
This multi-family listing is 2,057 sqft and on a lot of 3,750 sqft (or 0.09 acres) with 5 bedrooms, 3 baths and is 124 years old. This property was listed on 10/08/2024 and has been priced for sale at $1,775,000.
The 5 bedroom multi-family listing at 651 East 7th Street in Boston is nearby and sold for $1,435,000 on 07/02/2024.
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