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493-495 E 7th St, Boston MA 02127

$3,000,000

Estimated $6,603.82/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $500,000

Total Rent: 141000/year

Estimated CAP Rate: 4.00%

9 Bedrooms

8 Full Baths

5,668 SqFt

Total Parking: 0

3,484 SqFt

Rarely available, fully occupied, semi-attached, turnkey six-family with three sides of exposure! This spacious multi-family offers 4 one bedroom, one bathroom units occupying the second and third floors, as well as a first and garden level two bedroom, two bathroom duplex, and a three bedroom, two bathroom first and garden level duplex. Current rents are well below market value and easy to increase with little to no capital improvements, making $200,000+ gross rent per year achievable. Set in an ideal South Boston location - only two blocks to the beach, four blocks to bustling E. Broadway where there is something for everyone - restaurants, coffee shops, bars and grocery store. Close to major bus lines and public transit - this is an investor's dream, attracting a steady stream of quality tenants in a red hot rental market. Brand new back decks and 2nd means of egress!

This home has been viewed 181 times

Last Checked: September 5th, 2025 at 1:53am (Source: MLS PIN #73094948)

Gross Income: $141,000

Gross Expenses: $20,872

Net Income Calc: $120,128

CAP Rate: 4.00%

Water Views

Annual Expenses for 493-495 E 7th St, Boston MA 02127

Total Gross Expenses (Calculated)$20,872/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$20,872

Annual Income & Unit Breakdown for 493-495 E 7th St, Boston MA 02127

Total Gross Income (Calculated)$141,000

Unit 1

Rental Income$3,300

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$2,400

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,450

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$3,600

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

General Information for 493-495 E 7th St, Boston MA 02127

Listing ID73094948

Property TypeMulti Family / 5+ Family

Price$3,000,000 ($529.29/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaSouth Boston

Neighborhood(s)

Approximate Living Area Total5,668 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking0

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpaceDeck - Wood, Patio

ZoningR3

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Ownership(public), 0 To 1/10 Mile To Beach

Energy FeaturesScreens, Insulated Windows

Terms

Disclosures for 493-495 E 7th St, Boston MA 02127

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$202,200

Total Net Income By Broker$160,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 493-495 E 7th St, Boston MA 02127

Real Estate Taxes$20,872

Tax Year2023

Assessed Value$1,943,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$202,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$160,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.00%

Location Information for 493-495 E 7th St, Boston MA 02127

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaSouth Boston

Area Amenities

Contact Information for 493-495 E 7th St, Boston MA 02127

Agent

Name: Aranson Maguire Group

Office

Name: Compass

Phone: 617-206-3333

Team Members

Name: Matthew Aranson

Phone: 207-252-6771

Payment Calculator

, Interest

Property Taxes 1739.33

Principal & Interest 18485.05

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Aranson Maguire Group

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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EXIT

Active

493-495 E 7th St, Boston MA 02127

$3,000,000

Annual Expenses for 493-495 E 7th St, Boston MA 02127

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Aranson Maguire Group