CCertihomes
493-495 E 7th St, Boston, MA 02127

$3,000,000

9 beds 8 baths 5,668 sqft Built 1905170 days on marketActive

About this home

Rarely available, fully occupied, semi-attached, turnkey six-family with three sides of exposure! This spacious multi-family offers 4 one bedroom, one bathroom units occupying the second and third floors, as well as a first and garden level two bedroom, two bathroom duplex, and a three bedroom, two bathroom first and garden level duplex. Current rents are well below market value and easy to increase with little to no capital improvements, making $200, 000+ gross rent per year achievable. Set in an ideal South Boston location - only two blocks to the beach, four blocks to bustling E. Broadway where there is something for everyone - restaurants, coffee shops, bars and grocery store. Close to major bus lines and public transit - this is an investor's dream, attracting a steady stream of quality tenants in a red hot rental market. Brand new back decks and 2nd means of egress!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$18,868/mo

Real estate (PITI + HOA + PMI)
$19,379
Principal + interest$13,606
Property tax + insurance$4,648
PMI / 2nd mortgage$1,125
Utilities
$770
Heating + cooling$223
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$125
Car insurance + maintenance$125
Other (entertainment)
$158
$18,868/mo TLC
Budget$19,368/mo
Remaining after TLC$500/mo
Purchase price
$3,000,000
Down payment
$150,000 (5%)
Loan amount
$2,850,000
APR
4%

Quick facts

Type
5-9 Family
Style
Year built
1905
Lot size
0.08 ac
Stories
9
Heating
Cooling
Water
Public
HOA
Annual tax
$20,872
MLS #
73094948
County
Suffolk

At a glance

Basement

Home features

Exterior
Deck - WoodPatioGuttersScreens
Parking
On Street
Flooring
Tile,Hardwood,Parquet
Roof
Rubber
Sewer
Public Sewer

Lot features

Corner Lot

Neighborhood — 02127

MetricThis ZIPCountyUSA
Population28,5536,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density13,822786
Male13,3393,127,134147,432,321
Female15,2143,317,797151,655,844
Never Married11,3591,612,88563,775,926
Married7,0562,586,314123,120,365
Separated1,531247,85712,639,686
Widowed1,851363,59415,467,586
Divorced2,135436,88823,075,029
Number Of House Hold13,2502,431,591111,826,380
Average House Hold Size2.122.562.60
Medial Age35.4437.2535.46
Median House Hold Income$44,570$57,698$48,276
Average House Hold Income$57,537$75,023$63,629
P C I$27,838$29,196$24,529
M D I$38,706$48,105$41,133
A T H E$47,778$57,083$50,898
S T R5.00%5.00%
W C J79.86%81.38%77.74%
(Zip) Code
2127

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/4/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.