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16 Atlantic St, Boston MA 02127

Boston, MA 02127 • South Boston
$1,799,000
$1,699,000
Est. $10,035/month
6
Beds
3
Baths
2,298
Sq Ft
$739
Price/Sq Ft
0.05
Acres
1890
Year Built
90
Days on Market
Active Price Drop -$100,000 Listed Apr 6, 2026 • MLS# 73496748 Copied! • Updated Jun 27, 2026

About this home

Turnkey investment opportunity in the highly desirable South Boston market. 16 Atlantic is a spacious 5-bedroom, 3-bath multi-family property offering strong income potential and long-term appreciation in one of Boston’s most sought-after rental locations.The property features a flexible layout ideal for maximizing rental yield, with generously sized bedrooms and multiple full baths that appeal to today’s tenant demand. Well-maintained interiors and functional unit separation make for efficient management and consistent occupancy. The surrounding neighborhood continues to see strong growth, making this an excellent opportunity for both cash flow and equity appreciation. Ideal for investors seeking a stable asset in a high-demand urban market. Leases renewed through August 2027 with Unit 1 increasing to $3500 and Unit 2 increasing to $6000

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
45.8%
Price Range
2
Previous Sales

Property Timeline

Price Reduced
Apr 29, 2026
$1,699,000 $100,000 (-5.56%)
From $1,799,000 to $1,699,000 (-5.6%)
🏠
Listed for Sale
Apr 7, 2026
$1,799,000
Original listing
Agent: Carlisle Group Office: Compass
Previous Transaction - MLS #73249561
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 4, 2024
$1,585,000
MLS #73249561
Previous Transaction - MLS #73056658
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 12, 2023
$975,000
MLS #73056658

Tax History

Year Taxes Assessment
2025 $14,929 $1,289,200

Financial Details

Annual Property Tax
$14,929
Tax Year 2025
Assessed Value
$1,289,200

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,298 sq ft
Lot Size 0.05 acres
Bedrooms 6
Full Baths 3
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent $3,450/mo · Y
Unit 2 Rent $5,875/mo · Y
Total Monthly Rent $9,325/mo
Gross Income $87,900
Net Operating Income $87,900
Cap Rate 5.17%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,929
Assessed Value $1,289,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Tenants Have Both Been Renew Through August 2027 Unit 1 Will Renew At $3500 Beginning 9/1/2026unit 2 Will Renew At $6, 000 Beginning 9/1/2026
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 82 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
6
Full Bathrooms
3
Living Area
2,298 sq ft
Total Rooms
9
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,244
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

South Boston

16 Atlantic St, Boston MA 02127

Boston, MA 02127

Listing Information

Listing Agent Carlisle Group
Listing Office Compass
Office Phone 617-206-3333
Agent MLS ID TM330566
Office MLS ID AN2383
Listing Data Updated Jun 27, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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