581 East Eighth Open House Save Request In-Person Tour Request Virtual Tour
Boston,MA 02127
OPEN HOUSE
Sat Oct 19, 11:00am - 12:30pm
Key Details
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,057 sqft
Price per Sqft $862
MLS Listing ID 73299666
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $19,432
Tax Year 2024
Lot Size 3,920 Sqft
Property Description
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, was 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 $9700 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.
Location
State MA
County Suffolk
Zoning CM
Interior
Cooling Central Air
Exterior
Exterior Feature Balcony/Deck
Waterfront false
Waterfront Description Beach Front,Ocean,Walk to,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Building
Lot Description Easements
Story 3
Foundation Other
Sewer Public Sewer
Water Public