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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:
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
E

Elementary Schools

10 schools
St. Peter Academy School
0.3 mi
Grades PK-08
F
Tynan Elementary School
0.4 mi | #816 of 824 | Score: 24.8
Dropped 94 spots from last year
-33.5 below state avg
227 students Very Diverse
Diverse Student Body
Grades PK-06
F
Condon K-8 School
0.4 mi | #345 of 352 | Score: 24.6
Improved 13 spots from last year
-33.6 below state avg
518 students Diverse
Diverse Student Body
Grades PK-08
F
Clap Elementary School
1.0 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
B
Excel Academy Charter School
1.0 mi | #155 of 346 | Score: 54.9
Improved 160 spots from last year
-3.3 below state avg
1,379 students Moderate
High Graduation Rate Rising School
Grades 05-12
Saint John Paul II Academy - Columbia
1.1 mi
Grades PK-08
B
Boston Collegiate Charter School
1.1 mi | #167 of 346 | Score: 53.7
Improved 31 spots from last year
-4.5 below state avg
708 students Diverse
Rising School College Ready Curriculum Diverse Student Body
Grades 05-12
D
Dever Elementary School
1.2 mi | #752 of 824 | Score: 32.4
Improved 56 spots from last year
-25.9 below state avg
445 students Diverse
Rising School
Grades K-06
F
Blackstone Elementary School
1.4 mi | #809 of 824 | Score: 26.3
Improved 12 spots from last year
-31.9 below state avg
582 students Moderate
Grades PK-06
C-
Everett Elementary School
1.6 mi | #728 of 824 | Score: 33.7
Dropped 53 spots from last year
-24.5 below state avg
288 students Diverse
Diverse Student Body
Grades PK-06
M

Middle Schools

10 schools
Middle School Academy
0.2 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.1 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
F
Higginson/Lewis K-8 School
2.3 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Dearborn Middle School
2.6 mi
Mother Caroline Academy
2.7 mi
Grades 05-08
Nativity Prep School
3.0 mi
Grades 05-08
Epiphany School
3.0 mi
Grades 05-08
C
Ohrenberger School
7.3 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
UP Academy
0.2 mi
McCormack Middle
1.1 mi
H

High Schools

10 schools
C
Ruth Batson Academy
1.1 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
Cathedral High School
1.3 mi
9 sports • 430 athletes
Grades 07-12
C
Quincy Upper School
1.3 mi | #268 of 346 | Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students Very Diverse
12 sports • 208 athletes
High Graduation Rate Diverse Student Body
Grades 06-12
B
Dearborn STEM Academy
1.9 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
Newman School
2.2 mi
Grades 07-12
A-
O'Bryant School of Math & Science
2.3 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
A+
Boston Latin Academy
2.3 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
A+
Boston Latin School
2.8 mi | #19 of 346 | Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
Meridian Academy
3.3 mi
Grades 06-09
D
Charlestown High School
3.3 mi | #322 of 346 | Score: 31.0
Improved 49 spots from last year
-27.2 below state avg
754 students Diverse
11 sports • 488 athletes
Early College Program Rising School
Grades 07-12
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Homeowners Insurance $200
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Year 15
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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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