Massive three-family in South Boston’s coveted East Side, just steps from the beach, 893 East 4th Street is a phenomenal investment property generating $20,900/month in gross rental income. Inside are three spacious, modern, and tastefully renovated units, ideally configured to maximize returns in one of the nation’s strongest rental markets. Unit 1 features 4 bedrooms and 2 baths, while Units 2 and 3 each offer 5 bedrooms and 2 baths. Each unit boasts modern finishes, open-concept layouts, updated kitchens featuring quartz countertops, stainless steel appliances, brass hardware, in-unit laundry, central air conditioning, and expansive private decks perfect for entertaining or relaxing outdoors. The building also offers an enormous fenced-in yard, updated systems, and an unfinished basement. Just moments from the beach, Castle Island, parks, restaurants, and public transit. Rare opportunity to own a turnkey, trophy asset in one of Boston’s most sought-after neighborhoods.
This home has been viewed 45 times
Last Checked: July 27th, 2025 at 4:28am (Source: MLS PIN #73397007)
Gross Income: $250,800
Gross Expenses: $43,666
Net Income Calc: $207,134
CAP Rate: 5.92%
Annual Expenses for 893 East 4th St, Boston MA 02127
Total Gross Expenses (Calculated)$43,666/year
APOD AvailableYes
Heating
Electricity
Water$2,520
Gas$2,520
Insurance$4,853
Sewer$2,520
Trash Removal
Repair & Maintenance$3,600
Management$1,200
Miscellaneous$1,620
Real Estate Tax$29,873
Annual Income & Unit Breakdown for 893 East 4th St, Boston MA 02127
Total Gross Income (Calculated)$250,800
Unit 1
Rental Income$6,250
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$6,950
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$7,700
LeaseY
Bedrooms5
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 893 East 4th St, Boston MA 02127
Listing ID73397007
Property TypeMulti Family / 3 Family
Price$3,499,000 ($758.34/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total4,614 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesHarbor, Ocean, Beach Ownership(public), 0 To 1/10 Mile To Beach
Energy Features
Terms
Disclosures for 893 East 4th St, Boston MA 02127
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$43,953
Total Gross Income By Broker$250,800
Total Net Income By Broker$237,607
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 893 East 4th St, Boston MA 02127
Real Estate Taxes$29,873
Tax Year2025
Assessed Value$2,579,700
Financial Data SourceOwner
Total Gross Expenses By Broker$43,953
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$250,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$237,607
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.92%
Location Information for 893 East 4th St, Boston MA 02127
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Public Transportation, T-station, Tennis Court(s)
Contact Information for 893 East 4th St, Boston MA 02127