16 Mitchell Street presents a rare opportunity to acquire a value-add asset in South Boston’s rapidly evolving Andrew Square corridor, a market with limited entry opportunities. Located just moments from the transformative Washington Village development, the property stands to benefit from one of the area’s most significant redevelopment projects, bringing new residential housing, retail, public spaces, and infrastructure improvements to the neighborhood. The building features renovated, bright living spaces with thoughtful updates and strong rental appeal. While the units are move-in ready, the property still offers meaningful upside for investors or owner-occupants. Slight adjustments such as adding central-air, creates the potential to increase rental income and overall asset value. There is also the possibility to expand into the basement, offering a path to capture additional square footage and enhance long-term value.
This home has been viewed 31 times
Last Checked: June 24th, 2026 at 6:03am (Source: MLS PIN #73484915)
Gross Income: $146,400
Gross Expenses: $14,899
Net Income Calc: $131,501
Annual Expenses for 16 Mitchell St, Boston MA 02127
Total Gross Expenses (Calculated)$14,899/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax14899
Annual Income & Unit Breakdown for 16 Mitchell St, Boston MA 02127
Total Gross Income (Calculated)$146,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 16 Mitchell St, Boston MA 02127
Listing ID73484915
Property TypeMulti Family / 3 Family
Price1749000 ($773.21/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston's Dorchester Heights
Neighborhood(s)
Approximate Living Area Total2262
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1905
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 16 Mitchell St, Boston MA 02127
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 16 Mitchell St, Boston MA 02127
Real Estate Taxes14899
Tax Year2025
Assessed Value$1,286,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 16 Mitchell St, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston's Dorchester Heights
Area Amenities
Contact Information for 16 Mitchell St, Boston MA 02127