Sold!
$1,700,000
6
Beds
5
Baths
3,195
Living Area
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Property Description
*The building at 242 W 3rd & the Lot at 240 W 3rd was remove from this listing .Attention Investors! 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. Five of the six units are two beds and two baths, and the sixth is two beds and one bath. The location is just two blocks from the West Broadway shops and minutes to the Seaport.
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Highlights
- Area: South Boston
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 12
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1905
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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: 3Fam
- Construction: Frame
- Foundation: Stone, Granite
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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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
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,554,100
- Taxes: $28,091
- Tax Year: 2024
- Total Rent: $2,600
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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.
