1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.
— MLSPIN #: 73404175Map of 1-4 Schrepel Pl, Boston, MA 02127
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| List Price: | $6,200,000 |
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| Status: | Active |
| MLS ID: | 73404175 |
| Town: | Boston |
| Neighborhood: | South Boston |
| County: | Suffolk |
| Zip: | 02127 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 20 |
| Full Baths: | 12 |
| Living Area: | 11,070 sqft |
| Acres: | 0.14 |
| Taxes: | 49,321 |
| Lot Features: | Level |
| Parking Features: | Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1920 |
| Roof: | Rubber |
| Directions: | Please Use GPS. |
| Foundation Details: | Other |
| Electric: | Individually Metered |
| Listing Contract Date: | 2025-07-14 |
| Lot Size Area: | 0.14 |
| Lot Size Square Feet: | 6,490 |
| Rooms Total: | 44 |
| Bathrooms Total Integer: | 12 |
| Building Area Source: | Public Records |
| Building Area Total: | 11,070 |
| Community Features: | Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station, University |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 12 |
| Rent Includes: | Unit 1(Water), Unit 2(Water) |
| Sewer: | Public Sewer |
| Zoning: | A |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | Total Monthly Rent is $35, 550, which exceeds max value input in MLS. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $458,576 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Comp Based On: | Net Sale Price |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Gre: | 100,634 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $560.07 |
| Page: | 303 |
| Price Per Sqft: | $560.07 |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $357,942 |
| Operating Expense: | $100,634 |
| Original List Price: | $6,200,000 |
| Parking Total: | 8 |
| Tax Assessed Value: | $4,217,967 |
| Tax Year: | 25 |
| Total Actual Rent: | $32,670 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 1 |
| Bedrms 2: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| Hot Water: | Electric |
| Rent1: | 2,750 |
| Rent2: | 3,000 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on July 23, 2025 04:03 PM
Property Last Updated: July 18, 2025 03:06 AM
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Kelleher - Pentore Team
781-776-4004
