33-39 Ward St., Boston MA 02127
Boston, MA 02127 • South Boston
$10,490,000
$9,999,000
Est. $57,004/month
About this home
Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.7%
Price Range
Property Timeline
Price Reduced
Jun 5, 2026
$9,999,000
$491,000
(-4.68%)
From $10,490,000 to $9,999,000 (-4.7%)
Back On Market
Jun 2, 2026
Active
Status: Active under contract
Mar 8, 2026
Active → Active Under Contract
Pending Sale
Mar 6, 2026
Offer accepted, sale pending
Listed for Sale
Feb 4, 2026
$10,490,000
Original listing
Agent: Easter Entwistle Advisors
Office: Douglas Elliman Real Estate - Easter Entwistle Advisors
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/05/2026 | ↓ Price Reduced | $9,999,000 | $491,000 | - | From $10,490,000 to $9,999,000 (-4.7%) |
| 06/02/2026 | • Back On Market | - | - | - | Active |
| 03/08/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/06/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 02/04/2026 | 🏠 Listed for Sale | $10,490,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $74,929 | — |
Financial Details
Annual Property Tax
$74,929
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
2021
Living Area
16,389 sq ft
Lot Size
0.14 acres
Investment Metrics
Gross Income
$735,252
Net Operating Income
$576,508
Cap Rate
5.77%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water
Financial
Annual Tax
$74,929
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Full Offer Memorandum With Financials Available. Two Units Subject To Affordability Restrictions Per City Guidelines.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Suffolk
Property Overview
Listing Type
Commercial Sale
Year Built
2021
Living Area
16,389 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
2021
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
3 schools
Perkins Elementary
0.3 mi
F
Clap Elementary School
0.5 mi
|
#808 of 824
|
Score: 26.3
Dropped 23 spots from last year
-31.9 below state avg
140 students
Diverse
Diverse Student Body
Grades PK-06
Clap Elementary
0.5 mi
Middle Schools
3 schools
Middle School Academy
0.4 mi
UP Academy
0.4 mi
McCormack Middle
1.0 mi
High Schools
3 schools
F
Boston Collaborative High School
0.4 mi
|
#389 of 346
|
Score: 22.8
Same rank as last year
210 students
Diverse
Grades 09-12
Excel High
0.6 mi
F
Excel High School
0.6 mi
|
#332 of 346
|
Score: 26.2
Improved 36 spots from last year
-32.1 below state avg
301 students
Very Diverse
11 sports
• 241 athletes
Rising School
Diverse Student Body
Grades 10-12
Learn about these ratings
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$6,244
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
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Current Rate
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+0.5% Rate
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Payment Over Time
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
33-39 Ward St., Boston MA 02127
Boston, MA 02127
Listing Information
Listing Agent
Easter Entwistle Advisors
Listing Office
Douglas Elliman Real Estate - Easter Entwistle Advisors
Office Phone
617-812-1821
Agent MLS ID
TM361725
Office MLS ID
AN9458
Listing Data Updated
Jul 31, 2026 6:22 PM 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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