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242 W 3rd St

South Boston, Boston, MA 02127
1 of 6 Photos Map
$1,700,000
6 Beds
3/1 Baths
2,814 Living Area
  • Property Description
    This property is UA. We had to separate from MLS # 73287167 for financing. Attention Investors! Feast your eyes on this rare offering—a three-unit building with an extra lot for parking strategically located for maximum tenant convenience. The property, comprising two three-family houses and a third parcel for parking (3 tax bills), has been lovingly maintained by long-term owners. Although below market (all TAWs), the current rents suggest a potential monthly income of $22K ($264K/Year) with just a hint of cosmetic work in two apartments. All units have two beds and two baths. The location is just two blocks from the West Broadway shops and minutes from the Seaport.
  • Highlights
    • Area: South Boston
    • Parking Spots: 4
    • Property Type: 3 Family
    • Total Rooms: 12
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1905
  • Additional Details
    • Basement: Full, Walk-Out Access, Concrete, Unfinished
    • Flooring: Tile, Carpet, Hardwood
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: R3
    • Construction: Frame
    • Foundation: Stone, Granite
    • Roof: Rubber
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T-Station
    • Waterfront Features: Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    • Parking Features: Off Street, Tandem, On Street, Assigned
  • Utilities
    • Electric: 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,173,300
    • Taxes: $12,789
    • Tax Year: 2024
    • Total Rent: $6,100

Location

242 W 3rd St, Boston, MA 02127

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Lauchlin Real Estate Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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