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12 Days on Jacob Realty
10
$4,000,000
Total Beds: 9 Total Baths: 18
Total Units: 9 SQFT: 8024
LOT size: 0.06 Acres
428-432 East Third Street
Boston, MA 02127
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Property Description

Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents through cosmetic improvements. The property is currently 100% leased at below market rents. Additionally, the property presents a potential condominium conversion opportunity. 428-432 E Third is part of a larger portfolio with 444 E Third St, the longtime home of USPS. The two sites total 21,543 SF of development potential.

Property Details

Building Information

  • Total Units: 9
  • Total Floors: 18
  • Total Bedrooms: 9
  • Total Full Baths: 9
  • Total Half Baths: 9
  • Total Fireplaces: 18

Financial

  • APOD Available: No
  • Gross Operating Income: 999999
  • Net Operating Income: 999999

Utilities

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

Unit 1 Description

  • Under Lease: No
  • Floors: 9
  • Levels: 9

Unit 2 Description

  • Under Lease: No
  • Floors: 9
  • Levels: 9

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Construction Type: Brick, Stone/Concrete
  • Foundation Info: Brick, Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73389286
  • Last Updated: 06/15/25

Mortgage Calculator

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Map

Seller's Representative: Christopher Sower, Cushman & Wakefield
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2025-06-15 04:05:00

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