South Boston 3-unit Multifamily FOR SALE

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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!

  • $1,850,000
  • 8 Bedrooms
  • 3 Bathrooms
  • 2,800 Sq/ft
  • Lot 0.02 Acres
  • Built in 1900
  • MLS: 73362563

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Feel free to contact us for more details!

James Riel

James Riel

JR Associates

+1617-913-4259

[email protected]