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$10,490,000
Total Beds: 30 Total Baths: 30
Total Units: 14 SQFT: 16389
LOT size: 0.14 Acres
33-39 Ward St.
Boston, MA 02127
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Property Description

Exceptional turnkey investment opportunity in South Boston. 33–39 Ward St is a modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.0% cap rate based on current in-place income. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ upside to market rents in one of Boston’s most supply-constrained, high-demand submarkets. Buyer's agents compensated.

Property Details

Building Information

  • Total Units: 14
  • Total Floors: 4
  • Total Bedrooms: 30
  • Total Full Baths: 29
  • Total Half Baths: 1
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, Walk/Jog Trails
  • Common Interior Features: Tile Floor
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available

Utilities

  • Electric Info: 220 Volts, At Street, Individually Metered
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 2022
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Cement Board, Conventional (2x4-2x6), Stone/Concrete
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73474378
  • Last Updated: 02/08/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Easter Entwistle Advisors, Douglas Elliman Real Estate - Easter Entwistle Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-02-08 04:05:00