Opportunity strikes in vibrant South Boston! This 2 family gem holds THREE coveted parking spots (Southie gold!) and offers 2 spacious units: Unit 1 features 2 beds, 1 bath, and 850 sq ft, is renting for $3500/mo. Unit 2 is a sunny BILEVEL beauty with 3 beds, 2 baths, and 1207 sq ft, renting for $5000/mo (lease end: 8/31/25). Both units have private decks & in unit laundry! PARKING brings in an additional $325-400 per spot/month bringing the total rent roll to $9625 at full capacity! Unbeatable location: 0.2 miles to the beach, conveniently on a bus route and perfectly situated in the middle of all Southie has to offer while still enjoying the feels of East side residential living. Seller has drawn plans available for a rear expansion, potentially adding 1,689 sq ft and converting the third floor into a 3rd unit! Plans have not yet been permitted. Don’t miss out on this prime property with immense potential! Can also be sold as condos.
— MLSPIN #: 73299666Map of 581 East Eighth, Boston, MA 02127
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| List Price: | $1,775,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73299666 |
| Town: | Boston |
| County: | Suffolk |
| Zip: | 02127 |
| Property Type: | Residential Income |
| Property Sub Type: | 2 Family - 2 Units Up/Down |
| Bedrooms: | 5 |
| Full Baths: | 3 |
| Living Area: | 2,057 sqft |
| Acres: | 0.09 |
| Taxes: | 19,432 |
| Appliances: | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
| Cooling: | Central Air |
| Lot Features: | Easements |
| Parking Features: | Paved Drive, Off Street, Deeded |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Directions: | google maps. |
| Foundation Details: | Other |
| Postal Code Plus4: | 4141 |
| Listing Contract Date: | 2024-10-08 |
| Cooling?: | Yes |
| Lot Size Area: | 0.09 |
| Lot Size Square Feet: | 3,750 |
| Rooms Total: | 15 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 2,057 |
| Exterior Features: | Balcony/Deck |
| Interior Features: | Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 2 |
| Open Parking?: | Yes |
| Parcel Number: | W:07 P:02098 S:000, 4757281 |
| Patio And Porch Features: | Deck - Composite |
| Rent Includes: | Unit 1(Water), Unit 2(Water) |
| Sewer: | Public Sewer |
| Waterfront Features: | Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public) |
| Zoning: | CM |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | Seller has never lived on property and makes no representations. Buyers/Agents to do own due diligence. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $102,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Certificate Number: | 000000093470 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $862.91 |
| Page: | 46 |
| Price Per Sqft: | $862.91 |
| Square Feet Disclosures: | Buyer/buyers agent to do own due diligence. Can be sold as individual condos, condo docs in hand. |
| Square Feet Incl Base: | No |
| Net Operating Income: | $102,000 |
| Original List Price: | $1,775,000 |
| Parking Total: | 3 |
| Tax Assessed Value: | $1,782,800 |
| Tax Year: | 2024 |
| Total Actual Rent: | $9,625 |
| Year Built Details: | Actual |
| Bedrms 1: | 2 |
| Bedrms 2: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 2 |
| Rent1: | 3,500 |
| Rent2: | 5,000 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on November 23, 2024 02:24 PM
Property Last Updated: October 28, 2024 11:25 AM
Listing Courtesy of: Access
Listing Agent: Brigid Murphy
339-235-5324
