Fantastic 3-family in prime East Boston location offering over 3,700 sq ft of updated living space! Each unit features 4 spacious bedrooms, 1 bathroom, updated kitchens, flooring, windows, fresh paint, and direct-fire heating & hot water systems. Tenants are consistent with payments and maintain quality living standards. One unit may be delivered vacant at closing—perfect for an owner-occupant or value-add investor. Property includes private decks, laundry hookups, and a clean backyard. Located near Boston Harbor with easy access to bus lines, supermarkets, restaurants, and more. Strong existing cash flow with potential for increased returns. A rare opportunity to own a turnkey multi-family in one of Boston’s hottest neighborhoods!
— MLSPIN #: 73433963Map of 423 Meridian St, Boston, MA 02128
| Start Time: | End Time: | Comments: |
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| 09-23-2025 02:00 PM | 09-23-2025 03:30 PM | |
| 09-24-2025 02:00 PM | 09-24-2025 03:30 PM | |
| 09-27-2025 12:00 PM | 09-27-2025 02:00 PM |
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| List Price: | $1,400,000 |
|---|---|
| Status: | New |
| MLS ID: | 73433963 |
| Town: | Boston |
| Neighborhood: | East Boston |
| County: | Suffolk |
| Zip: | 02128 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family |
| Bedrooms: | 12 |
| Full Baths: | 3 |
| Living Area: | 3,759 sqft |
| Acres: | 0.06 |
| Taxes: | 13,267 |
| Flooring: | Wood, Vinyl |
| Parking Features: | Paved Drive |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1890 |
| Roof: | Tar/Gravel |
| Window Features: | Insulated Windows |
| Directions: | Google Map |
| Foundation Details: | Stone |
| Postal Code Plus4: | 1345 |
| Electric: | 200+ Amp Service |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-09-22 |
| Lot Size Area: | 0.06 |
| Lot Size Square Feet: | 2,611 |
| Rooms Total: | 18 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Concrete, Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,759 |
| Community Features: | Public Transportation, Tennis Court(s), Park, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, Other |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | W:01 P:03438 S:000, 1330242 |
| Patio And Porch Features: | Deck |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range |
| Waterfront Features: | Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public) |
| Zoning: | R3 |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | Seller has leased this property to the same tenants for the entirety of ownership |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Estimated |
| Gross Income: | $121,200 |
| Insurance Expense: | $3,400 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Certificate Number: | 000000000025050 |
| Color: | White |
| Disclosure: | Yes |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 10,000 |
| Heat Units: | 3 |
| Heat Zones: | 3 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $372.44 |
| Mgf: | 4,200 |
| Page: | 134 |
| Price Per Sqft: | $372.44 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $111,200 |
| Operating Expense: | $10,000 |
| Original List Price: | $1,400,000 |
| Tax Assessed Value: | $1,145,700 |
| Tax Year: | 2025 |
| Total Actual Rent: | $10,100 |
| Water Sewer Expense: | $2,400 |
| Year Built Details: | Actual |
| Bedrms 1: | 4 |
| Bedrms 2: | 4 |
| Bedrms 3: | 4 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 3,400 |
| Rent2: | 3,100 |
| Rent3: | 3,600 |
Disclaimer:
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 September 23, 2025 11:16 AM
Property Last Updated: September 23, 2025 03:31 AM
Listing Courtesy of: Block Realty
Listing Agent: AD Advisors Team
