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Open House: Sun 5/18 11:00 AM
20
$3,150,000
Total Beds: 6 Total Baths: 6
Total Units: 3 SQFT: 4620
LOT size: 0.04 Acres
388 Athens St
Boston, MA 02127
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Property Description

Prime South Boston 3-Unit Multifamily Opportunity. An exceptional investment opportunity in the heart of South Boston, 388 Athens Street is a brand-new, ground-up construction 3-unit multifamily building completed in 2024. This boutique elevator building offers three thoughtfully designed 2-bedroom, 2-bathroom units—each featuring open floor plans, quartz countertops, stainless steel appliances, central heat and AC, and in-unit laundry. Designed with both luxury and functionality in mind, the property includes four garage parking spaces, an increasingly rare amenity in this highly sought-after location. Perfectly positioned near the vibrant intersection of East and West Broadway, residents enjoy immediate access to the best of South Boston’s dining, shopping, beaches, and parks—appealing to both owner-occupants and renters alike. All three units offer strong rental income, making this a turn-key investment in one of Boston’s most desirable neighborhoods.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 9
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 167400
  • Net Operating Income: 167400

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 2024
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73375550
  • Last Updated: 05/15/25
  • Terms: Assumable, Seller 1st

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Map

Seller's Representative: The Quirk Group, Coldwell Banker Realty - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-15 10:32:00