Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents...
This home has been viewed 11 times
Last Checked: June 16th, 2025 at 7:43pm (Source: MLS PIN #73389286)
Gross Income: $239,976
Gross Expenses: $9
Net Income Calc: $239,967
CAP Rate: 6.00%
Annual Expenses for 428-432 East Third Street, Boston MA 02127
Total Gross Expenses (Calculated)$9/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9
Annual Income & Unit Breakdown for 428-432 East Third Street, Boston MA 02127
Total Gross Income (Calculated)$239,976
Unit 1
Rental Income$9,999
LeaseN
Bedrooms9
Bathrooms9 Full, 9 Half
Floor9
Levels in Unit9
HeatingNo
Rent Includes
Unit 2
Rental Income$9,999
LeaseN
Bedrooms9
Bathrooms9 Full, 9 Half
Floor9
Levels in Unit9
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 428-432 East Third Street, Boston MA 02127
Listing ID73389286
Property TypeMulti Family / 5+ Family
Price$4,000,000 ($498.5/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total8,024 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick, Stone
Lot FeaturesOther
Foundation Area
Foundation DescriptionConcrete Perimeter,Brick/Mortar
Accessible Features
Outdoor Space
Zoning9
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 428-432 East Third Street, Boston MA 02127
Lead Paint
UFFI
Living Area Includes BasementNo
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$999,999
Total Net Income By Broker$999,999
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 428-432 East Third Street, Boston MA 02127
Real Estate Taxes$9
Tax Year9
Assessed Value$9
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$999,999
BostonRealEstate.com Gross Income
Total Net Income By Broker$999,999
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.00%
Location Information for 428-432 East Third Street, Boston MA 02127
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 428-432 East Third Street, Boston MA 02127