LEASED THROUGH 8/31/26! PRODIGIOUS FREE STANDING EAST SIDE TWO FAMILY LOCATED AT M STREET PARK! UNIT 1 FEATURES A VERSATILE FLOOR PLAN WITH A SPACIOUS BOW FRONT LIVING ROOM, A DESIGNATED DINING ROOM, MASSIVE KITCHEN AND SIZABLE BEDROOMS. UNIT 2 IS A BI-LEVEL PHILADELPHIA STYLE UNIT CURRENTLY BEING USED AS A FOUR BED, BUT COULD EASILY BE TURNED INTO A FIVE BED. THE TOP FLOOR OF THIS UNIT PRESENTS AN IMPRESSIVE OPEN CONCEPT WITH A STAINLESS STEEL/GRANITE KITCHEN, DESIGNATED DINING AREA, LIVING ROOM WITH GAS FIREPLACE, FOUR EXPOSURES AND A MASSIVE WRAP AROUND DECK WITH CITY VIEWS. ADDITIONAL FEATURES INCLUDE IN UNIT LAUNDRY AND A LARGE FENCED IN YARD. IDEALLY SITUATED A BLOCK TO ALL OF THE SHOPS, CAFES AND RESTAURANTS OF EAST BROADWAY AND JUST A FEW BLOCKS TO THE OCEAN. 48 HOUR NOTICE FOR SHOWINGS!
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Last Checked: December 5th, 2025 at 9:03am (Source: MLS PIN #73400431)
Gross Income: $61,800
Gross Expenses: $20,256
Net Income Calc: $41,544
CAP Rate: 1.89%
Annual Expenses for 647 E 3rd St, Boston MA 02127
Total Gross Expenses (Calculated)$20,256/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$20,256
Annual Income & Unit Breakdown for 647 E 3rd St, Boston MA 02127
Total Gross Income (Calculated)$61,800
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$5,150
LeaseY
Bedrooms4
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 647 E 3rd St, Boston MA 02127
Listing ID73400431
Property TypeMulti Family
Price$2,199,000 ($581.44/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total3,782 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor SpaceDeck
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 647 E 3rd St, 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$61,800
Total Net Income By Broker$61,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 647 E 3rd St, Boston MA 02127
Real Estate Taxes$20,256
Tax Year2025
Assessed Value$1,749,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$61,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$61,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.89%
Location Information for 647 E 3rd St, Boston MA 02127
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSouth Boston
Area Amenities
Contact Information for 647 E 3rd St, Boston MA 02127