Rare opportunity in South Boston’s coveted City Point. Stately and oversized, 819 E 4th Street is a well-maintained 3-family offering scale, flexibility, and major value-add upside—ideal for investors, condo converters, or those seeking a legacy buy-and-hold property. Just blocks from M Street Beach, Castle Island, and East Broadway, this ~4,500 sq ft property includes three full-floor residences, each with 3–4 beds, large living/dining areas, eat-in kitchens, private rear decks, and a spacious backyard. Units 2 and 3 offer dedicated offices, and a full basement adds storage or expansion potential. Zoning may allow for a fourth unit or condo conversion (buyer to verify). Reimagine as three 5-bed, 2-bath luxury units with projected gross rents of ~$24K/month and a potential 8% cap rate. Close to MBTA (7, 9, 10), Seaport, hospitals, and downtown. Full pro forma available—don’t miss this high-ROI opportunity in one of Boston’s strongest rental markets.
Facts & Features
Property Overview
Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1885
Bedrooms
9
Full Bathrooms
3
Living Area
4,442 sq ft
Total Rooms
22
Stories
3
Levels
3
Interior Features
Flooring
Wood, Tile, Vinyl, Pine
Heating
Baseboard
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Freezer, Washer, Dryer
Interior Features
Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Concrete, Unfinished
Window Features
Insulated Windows, Storm Window(s)
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Stone, Frame
Roof
Rubber
Foundation
Stone, Brick/Mortar
Patio/Porch Features
Porch, Deck - Wood
Fencing
Fenced
Has Spa
No
View
City View(s)
Has View
Yes
Waterfront Features
Bay, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,088 sq ft
Lot Size Area
0.0700
Lot Features
Gentle Sloping
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Parking Features
On Street
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$18,304
Tax Year
2025
Tax Assessed Value
$1,910,100
Parcel Number
0604213000,1411238
Zoning
0105
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller's preferred closing date after 9/01/25. Building can be delivered vacant after 9/01/25. Buyer to cooperate with Seller's 1031 exchange. Unit 1 Lease until 6/30/25. Unit 3 tenant at will w/ 60 days notice. Units are currently being used as 2 bedrooms.
