LOCATION, LOCATION, LOCATION!
Exceptional multifamily opportunity in the heart of South Boston! Just one block from East Broadway, this well-positioned 3-unit building sits prominently on the corner of I Street and East 3rd Street.
A true turnkey asset with immediate upside—simple cosmetic updates could bring rents to market rates. The basement offers untapped potential for additional livable space, and the building features a full walk-up staircase to a flat roof with breathtaking city and water views—a future roof deck opportunity, perhaps?
Unit 1: Vacant 2-bedroom (was paying $2,100/m)
Unit 2: Currently configured as a 2-bedroom + office (paying $2,400/m)
Unit 3: Used as a 1-bedroom + office/gym but easily converted back to 2 or 3 beds (paying $1,850/m)
This is an ideal setup for an owner-occupant to live in Unit 1 and rent out Units 2 and 3 as spacious 3-bed apartments with minimal effort. Whether you're looking to hold as a rental asset or explore condo conversion, this property delivers exceptional value in one of Boston’s most sought-after neighborhoods.
Pro forma available upon request!
Feel free to contact us for more details!