512 East 3rd Street, Boston MA 02127
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$1,625,000

512 East 3rd Street, Boston MA 02127
Boston, MA 02127
Listed by Frank Celeste
Bedrooms
4
Bathrooms
4
Living area
2,717 sqft
Year built
1890

About this home

Attention, all savvy owner-occupants, investors, and developers: Absolutely Perfect Eastside Location in South Boston! Superior South-facing three-family home with amazing outdoor space & individual decks! Tremendous potential with a 2,350 SF lot! Currently, there is over 2,700 square feet of living space with the possibility of expanding into the massive backyard. Ideal for a 1031 exchange, condominium conversion, or as a long-term rental investment. Each apartment has highly desirable floor plans & there has never been a vacancy. Tenants pay utilities, and rents are currently well below market rate. Hold and collect rents or renovate to significantly improve this wonderful income generator! Minutes from everything, including the beach, bus routes, restaurants, Seaport, and more! This premier location is poised for continued appreciation, with numerous nearby developments and new amenities underway. Showings by appointment only.

Property details

MLS #
73536178
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
66
On market date
June 15, 2026
Stories
4
Garage spaces
N/A
Lot size
0.05 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Joseph P Tynan
0.14 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
214
Student:teacher ratio
8.2:1
District
Boston
MiddleCharter
UP Academy Charter School of Boston
0.62 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
317
Student:teacher ratio
10.2:1
District
UP Academy Charter School of Boston (District)
High
Excel High School
0.37 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
439
Student:teacher ratio
10.5:1
District
Boston

Mortgage calculator

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Est. monthly payment
$9,936/mo
$325,000 down
$1,300,000 loan
Principal & interest$8,432
Property tax (est.)$1,354
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 15 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.