7 Transit St is a fully occupied three-family property that recently underwent and extensive renovations and features condo-quality finishes that both tenants and landlords covet, including in-unit laundry and quartz countertops. 7 Transit St, offered for sale alongside 5 Transit St, presents an excellent opportunity for landlords to add density to their portfolio with up to 6 units in a tier-1 market. 7 Transit St is located close to the 21-acre, master-planned On The Dot development — a transformative project consisting of 11 buildings and millions of square feet of commercial and residential space along Dorchester Avenue in South Boston.The potential future development of the Andrew Square Bus and Train Terminal further enhances the property's appeal, providing investors the opportunity to invest in a region and submarket poised for continued rental growth for years to come. 7 Transit St generates a monthly income of $9,600, with room for additional rental income in September 2025.
— MLSPIN #: 73369496Map of 7 Transit Street, Boston, MA 02127
List Price: | $1,695,000 |
---|---|
Status: | Price Change |
MLS ID: | 73369496 |
Town: | Boston |
Neighborhood: | South Boston |
County: | Suffolk |
Zip: | 02127 |
Property Type: | Residential Income |
Property Sub Type: | 3 Family - 3 Units Up/Down |
Bedrooms: | 8 |
Full Baths: | 3 |
Living Area: | 2,706 sqft |
Acres: | 0.05 |
Taxes: | 19,348 |
Flooring: | Wood |
Lot Features: | Other |
Parking Features: | Other |
Status: | Active |
Water Source: | Public |
Year Built: | 1905 |
Roof: | Rubber |
Window Features: | Insulated Windows |
Directions: | Google Maps |
Foundation Details: | Granite |
Construction Materials: | Frame |
Listing Contract Date: | 2025-05-05 |
Lot Size Area: | 0.05 |
Lot Size Square Feet: | 1,971 |
Rooms Total: | 17 |
Bathrooms Total Integer: | 3 |
Basement: | true |
Basement: | Full |
Building Area Source: | Public Records |
Building Area Total: | 2,706 |
Community Features: | Public Transportation, Shopping, Highway Access, T-Station |
Levels: | 6 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 3 |
Parcel Number: | 1414657 |
Patio And Porch Features: | Deck - Wood |
Road Frontage Type: | Public, Private Road |
Road Surface Type: | Paved |
Sewer: | Public Sewer |
Utilities: | for Gas Range, for Gas Oven |
Waterfront Features: | Beach Front, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public) |
Zoning: | Res |
Stories Total: | 6 |
Year Built Source: | Public Records |
Disclosures: | Buyer & buyer rep to confirm all information; water/sewer, electric expenses owner provided. Insurance, repairs/maintenance estimated. Transit St appears to be a public street and private way. |
Electric Expense: | $358 |
Farm Land Area Units: | Square Feet |
Financial Data Source: | Other (See Remarks) |
Gross Income: | $115,200 |
Insurance Expense: | $3,500 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Color: | Gray |
Cooling Units: | 3 |
Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 3 |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 2 |
Flrs 3: | 3 |
Gre: | 7,824 |
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: | $626.39 |
Page: | 23 |
Price Per Sqft: | $626.39 |
Square Feet Disclosures: | Per Public Record |
Square Feet Incl Base: | No |
Uffi: | No |
Net Operating Income: | $107,376 |
Operating Expense: | $7,824 |
Original List Price: | $1,625,000 |
Tax Assessed Value: | $1,670,800 |
Tax Year: | 2025 |
Total Actual Rent: | $9,600 |
Water Sewer Expense: | $1,966 |
Year Built Details: | Actual, Renovated Since |
Waterview Flag: | No |
Bedrms 1: | 2 |
Bedrms 2: | 3 |
Bedrms 3: | 3 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
Hot Water: | Natural Gas |
Rent1: | 2,600 |
Rent2: | 3,500 |
Rent3: | 3,500 |
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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 May 06, 2025 06:32 AM
Property Last Updated: May 05, 2025 10:01 AM
Listing Courtesy of: Compass
Listing Agent: Carleton Ashley
617-272-5440