16 Atlantic St
$1,699,000
6
Beds
3
Baths
2,298
Sqft
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$1,699,000
6
Beds
3
Baths
2,298
Living Area
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Property Description
Turnkey investment opportunity in the highly desirable South Boston market. 16 Atlantic is a spacious 5-bedroom, 3-bath multi-family property offering strong income potential and long-term appreciation in one of Boston’s most sought-after rental locations.The property features a flexible layout ideal for maximizing rental yield, with generously sized bedrooms and multiple full baths that appeal to today’s tenant demand. Well-maintained interiors and functional unit separation make for efficient management and consistent occupancy. The surrounding neighborhood continues to see strong growth, making this an excellent opportunity for both cash flow and equity appreciation. Ideal for investors seeking a stable asset in a high-demand urban market. Leases renewed through August 2027 with Unit 1 increasing to $3500 and Unit 2 increasing to $6000
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Highlights
- Area: South Boston
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Levels: 3
- Property Type: Multi Family
- Total Rooms: 9
- Status: Active
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Additional Details
- Foundation: Stone
- Total Number of Units: 2
- Year Built Source: Public Records
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
- Waterfront Features: 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,289,200
- Taxes: $14,929
- Tax Year: 2025
- Total Rent: $9,325
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