$2,023,700
9
Beds
3
Baths
4,442
Living Area
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Property Description
Rare opportunity in South Boston’s coveted City Point. Stately and oversized, 819 E 4th Street is a well-maintained 3-family offering scale, flexibility, and major value-add upside—ideal for investors, condo converters, or those seeking a legacy buy-and-hold property. Just blocks from M Street Beach, Castle Island, and East Broadway, this ~4,500 sq ft property includes three full-floor residences, each with 3–4 beds, large living/dining areas, eat-in kitchens, private rear decks, and a spacious backyard. Units 2 and 3 offer dedicated offices, and a full basement adds storage or expansion potential. Zoning may allow for a fourth unit or condo conversion (buyer to verify). Reimagine as three 5-bed, 2-bath luxury units with projected gross rents of ~$24K/month and a potential 8% cap rate. Close to MBTA (7, 9, 10), Seaport, hospitals, and downtown. Full pro forma available—don’t miss this high-ROI opportunity in one of Boston’s strongest rental markets.
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Highlights
- Area: South Boston's City Point
- Heating: Baseboard
- Property Class: Residential Income
- Stories: 3
- Year Built: 1885
- Has View: Yes
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 22
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator, Freezer, Washer, Dryer
- Construction: Stone, Frame
- Flooring: Wood, Tile, Vinyl, Pine
- Interior Features: Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Exclusions: Excludes Tenant, And Owners Personal Belongings.
- Foundation: Stone, Brick/Mortar
- Lot Features: Gentle Sloping
- Roof: Rubber
- Total Number of Units: 3
- Year Built Details: Actual
- Zoning: 0105
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Waterfront Features: Bay, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
- Parking Features: On Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,910,100
- Taxes: $18,304
- Tax Year: 2025
- Total Rent: $4,500
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Listing information provided courtesy of eRealty Advisors, Inc..
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