Large, Detached South Boston 3 Family! This “East Side” Southie multifamily property is fully rented with an annual gross income of $126,000 and all leases going until 8/31/26. This multi-generational, longtime family-owned home and income property has an outstanding rental history and presents an opportunity for a continued long-term hold (with TLC, as is, or with value-add renovations), a condo conversion, redevelopment, or eventual owner occupancy. Situated on a 4,800 sq. ft. lot with a large backyard, this building features an unfinished basement and three spacious 3 BR / 1 BA apartments with laundry in each unit, bay windows, hardwoods, back porches, and nicely sized bedrooms. Fantastic location in the heart of South Boston, in close proximity to the Edison Plant redevelopment, East Broadway, The Seaport, Castle Island, Carson Beach, the MBTA, and all that Southie and Boston have to offer. Outstanding opportunity in one of the nation’s most sought after multifamily markets!
— MLSPIN #: 73448723Map of 574 East 3rd Street, Boston, MA 02127
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| List Price: | $1,999,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73448723 |
| Town: | Boston |
| Neighborhood: | South Boston |
| County: | Suffolk |
| Zip: | 02127 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family |
| Bedrooms: | 9 |
| Full Baths: | 3 |
| Living Area: | 3,639 sqft |
| Acres: | 0.11 |
| Taxes: | 19,165 |
| Appliances: | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
| Cooling: | Window Unit(s) |
| Flooring: | Tile, Vinyl, Varies, Laminate, Hardwood |
| Heating: | Natural Gas |
| Lot Features: | Level |
| Parking Features: | On Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1890 |
| Window Features: | Skylight(s) |
| Directions: | East 3rd St. between L Street and K Street on Southie's "East Side"! |
| Laundry Features: | Gas Dryer Hookup, Washer Hookup |
| Foundation Details: | Stone, Brick/Mortar |
| Postal Code Plus4: | 1539 |
| Electric: | 100 Amp Service, Individually Metered |
| Construction Materials: | Frame, Brick, Stone |
| Listing Contract Date: | 2025-10-28 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.11 |
| Lot Size Square Feet: | 4,800 |
| Rooms Total: | 18 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full, Interior Entry, Concrete, Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,639 |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University |
| Exterior Features: | Balcony/Deck |
| Fencing: | Fenced |
| Interior Features: | Storage, Living Room, Kitchen, Laundry Room |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | W:06 P:03484 S:000, 1414245 |
| Patio And Porch Features: | Porch, Deck |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Gas Dryer, Washer Hookup |
| Waterfront Features: | Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public) |
| Zoning: | R3 |
| Elementary School: | Bps |
| High School: | Bps |
| Middle Or Junior School: | Bps |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | Property Sold AS IS. Seller reserves the right to accept an offer at any time. Units separately metered except for Water/Sewer. Please allow 24 hours for seller review on offers. All units leased until 8/31/26 |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $126,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| 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: | $549.33 |
| Page: | 000 |
| Price Per Sqft: | $549.33 |
| Square Feet Disclosures: | Living Area does not include unfinished basement. Total area is 5, 043 Sq. Ft. per public record. |
| Square Feet Incl Base: | No |
| Net Operating Income: | $126,000 |
| Original List Price: | $1,999,000 |
| Tax Assessed Value: | $1,655,000 |
| Tax Year: | 2025 |
| Total Actual Rent: | $10,500 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 3 |
| Bedrms 2: | 3 |
| Bedrms 3: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Natural Gas, Tank |
| Rent1: | 3,500 |
| Rent2: | 3,600 |
| Rent3: | 3,400 |
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 November 06, 2025 03:14 AM
Property Last Updated: November 05, 2025 07:48 AM
Listing Courtesy of: Charlesgate Realty Group, llc
Listing Agent: Matthew J Giangregorio
