Prime South Boston Opportunity: Character, Scale, and Unmatched PotentialWelcome to 408 West 2nd Street, a classic South Boston multi-family property that perfectly balances historic character with incredible modern potential. Situated in one of Boston’s most dynamic and sought-after neighborhoods, this turn-of-the-century two-family home is a rare find for savvy investors, developers, or owner-occupants looking to establish their roots and generate rental income simultaneously.Spanning three floors at 1,570 square feet, this structurally sound 1910 build offers a versatile layout currently configured with 4 bedrooms and 2 bathrooms.The Potential: Whether you are looking to execute a high-end luxury renovation, add building height and massing, maintain it as a high-yield income generator, or craft a stunning bi-level owner's unit while renting the other unit--Opportunities abound!
This home has been viewed 10 times
Last Checked: June 16th, 2026 at 8:38am (Source: MLS PIN #73530146)
Gross Income: $0
Gross Expenses: $11,566
Net Income Calc: $11,566
Annual Expenses for 408 W Second, Boston MA 02127
Total Gross Expenses (Calculated)$11,566/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11566
Annual Income & Unit Breakdown for 408 W Second, Boston MA 02127
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 408 W Second, Boston MA 02127
Listing ID73530146
Property TypeMulti Family
Price1049000 ($668.15/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total1570
Approximate Lot Size (Acres)0.03
Total Parking1
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning000
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 408 W Second, Boston MA 02127
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
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 408 W Second, Boston MA 02127
Real Estate Taxes11566
Tax Year2025
Assessed Value$998,800
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 408 W Second, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area Amenities
Contact Information for 408 W Second, Boston MA 02127