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240-244 W 3rd Street, Boston MA 02127 – 12 bed 11 bath For Sale – 73287167

$ 3,599,000
240-244 W 3rd Street, Boston MA 02127, ,

Overview

  • Updated On:
  • February 4, 2025
  • listingid
  • 73287167
  • 12 Bedrooms
  • 11 Bathrooms
  • 0 Garage Spaces
  • 4 Non-Garage Parking Spaces
  • 1905
  • HOA Fee

Description

Attention Investors! Feast your eyes on this rare offering—a six-unit building with an extra lot for parking strategically located for maximum tenant convenience. The property, comprising two three-family houses and a third parcel for parking (3 tax bills), has been lovingly maintained by long-term owners. Although below market (all TAWs), the current rents suggest a potential monthly income of $22K ($264K/Year) with just a hint of cosmetic work in two apartments. Five of the six units are two beds and two baths, and the sixth is two beds and one bath. The location, just two blocks from the West Broadway shops and minutes to the Seaport is a tenant’s paradise.

Property Details

Property Id: 1604729
Price: $ 3,599,000
Property Size: 6,009.00 ft2
Property Lot Size: 0.09 ft2
Rooms: 24
Bedrooms: 12
Bathrooms: 11
Full Bath: 11
Total Bathrooms: 11
Disclosures: N
Basement: Full,Walk-Out Access,Concrete,Unfinished
Last Updated: 2025-02-04T13:48:03.433Z
Building Area Source: Public Records
Building Area Total: 6009
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,T-Station
Construction Materials: Frame
Contingency: Pending P&S
Directions: w 3rd between E & F streets.
Disclosures: All Tenants are under a Tenant-at-wills...The stated taxes,lot size,and living area are from the combined properties.
Electric: 100 Amp Service
Expiration Date: 1900-01-01
Fencing: Fenced/Enclosed
Flooring: Tile,Carpet,Hardwood
Foundation Details: Stone,Granite
Gross Income: 160800
List Agent MlsId: TM332017
List Office MlsId: BB4464
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-09-09
Listing ID: 73287167
Lot Size: 0.09
Lot Size SqFt: 3983
Lot Size Units: Acres
Anticipated Sale Date: 2025-02-18T05:00:00.000Z
Date Available: No
Bedroom 1: 2
Bedroom 2: 2
Bedroom 3: 2
Bedroom 4: 2
Bath 1: 2
Bath 2: 2
Bath 3: 1
Bath 4: 2
Heating Units: 6
Hot Water: Natural Gas
Lead Paint: Unknown
Lease 1: N
Lease 2: N
Lease 3: N
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Unit 4 Living Levels: 1
Listing Alert: No
Price Per SqFt: 598.93
Days in Market: 50
Total Days on Market: 50
Open House: 1
MLS PIN Page: 999
Price Per SqFt: 598.93
Unit 1 Rent: 2400
Unit 2 Rent: 1700
Unit 3 Rent: 2000
Unit 4 Rent: 2100
Sewage District: MWRA
Living Area Includes Basement: No
Team Member: CN232031,BB302212
Water View: No
MLS Status: Under Agreement
Last Updated: 2025-02-04T13:48:00.000Z
Net Operating Income: 129600
Number Of Units: 6
Off Market Date: 2024-10-28
Original List Date: 2024-09-09T13:53:00.000Z
Original List Price: 3899000
Parking Features: Off Street,Tandem,On Street,Assigned
Total Parking: 4
Patio And Porch Features: Deck - Wood
Purchase Contract Date: 2024-10-14
Road Type: Public
Road Surface Type: Paved
Roof: Rubber
Sewer: Public Sewer
State: MA
Status Change Time: 2024-10-29T07:05:00.000Z
Total Stories: 9
Tax Annua lAmount: 28091
Tax Assessed Value: 2554100
Tax Book Number: 9999
Tax Year: 2024
Total Actual Rent: 8200
Water Source: Public
Waterfront Features: Beach Front,Harbor,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Year Built: 1905
Year Built Details: Approximate
Year Built Source: Public Records
Zoning: 3Fam

Payment Calculator

$ 20,621.33
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 17,262.26

Amenities and Features

Other Features
Open Parking

Property Address

Address: 240-244 W 3rd Street, Boston MA 02127
City:
State/County:
Zip: 02127
Country: US

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240-244 W 3rd Street, Boston MA 02127 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

 

Quick Property Details

  • Price: $ 3,599,000
  • Additional Price Info:
  • Total Rooms: 24
  • Bedrooms: 12
  • Bathrooms: 11
  • Lot Size: 0.09 ft2
  • Architectural Style:
  • Cooling:
  • Heating:
  • Basement: Full,Walk-Out Access,Concrete,Unfinished
  • Fireplace Features: ; Total Fireplaces: 0
  • Construction Materials: Frame
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built: 1905
  • Number of Stories: 9
  • Parking: Off Street,Tandem,On Street,Assigned; Spaces: 4, Covered: 0, Garage: 0
  • HOA Fee: ()
  • Agent:
  • MLS Status: Under Agreement
  • Full Bathrooms: 11, Half Bathrooms: 0
  • Tax Annual Amount: 28091
  • Zoning: 3Fam

Additional Property Details

  • Stories Total: 9
  • Structure Type:
  • Accessibility Features:
  • Association Amenities:
  • Foundation Details: Stone,Granite
  • Roof: Rubber
  • Window Features:
  • Pool Features:
  • Spa Features:
  • Pets Allowed:
  • View:
  • Waterfront Features: Beach Front,Harbor,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
  • Lot Features:

Quick Stats

Size: 6,009.00 ft2 |
Original List Price: 3899000 |
Modified On: 2025-02-04T13:48:00.000Z |
Property Condition:

View count: 6

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