3 Family - 3 Units Up/Down at 550 E 3rd Street, Boston MA 02127, Boston
3 Family - 3 Units Up/Down at 550 E 3rd Street, Boston MA 02127, Boston, photo 2 of 18
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3 Family - 3 Units Up/Down at 550 E 3rd Street, Boston MA 02127, Boston, photo 5 of 18
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18 photos

$1,625,000

550 E 3rd Street, Boston MA 02127
Boston, MA 02127
Listed by Kelleher - Pentore Team
Bedrooms
6
Bathrooms
3
Living area
2,501 sqft
Year built
2000

About this home

The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via programmatic updates to the unrenovated units. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.

Property details

MLS #
73579556
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
6
On market date
September 18, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.02 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Joseph P Tynan
0.16 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
0.69 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
0.44 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

Walkability

Blended score for Boston's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks20
Schools16
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Boston, from live MLS data.

On the market 6 days -- 110 fewer days than Boston's current average of 116 days.
For reference, the median list price across 7,888 active listings in Boston right now is $7,500.

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 3 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.