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550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
550 E 3rd Street, Boston MA 02127
Massachusetts>Boston>City Point

550 E 3rd StreetBoston, MA 02127

For Sale

$1,850,000

Smart Buyer Rebate $9,250

550 E 3rd Street consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via programmatic updates to the unrenovated units. 550 E 3rd Street offers the opportunity to acquire a fully leased investment in an exceptional, urban-infill location.

Listed by John Pentore

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Horvath & Tremblay

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781-776-4004

Listed by Dennis Kelleher

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Horvath & Tremblay

Listed by Kelleher - Pentore Team

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Horvath & Tremblay

Last updated September 01, 2025

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Source: MLSPin #73404193

Listing Facts

  • TypeMulti-family
  • NeighborhoodCity Point
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu54
  • Taxes$7,795/year
  • Size2,501 sqft
  • Price per sqft$740

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/14/2025
Listed by Horvath & Tremblay
$1,850,000

Property Details for 550 E 3rd Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, T-Station, University

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle, Rubber
  • Stories: 3
  • Stories Total: 3
  • Year Built: 2000
  • Year Built Details: Approximate

Measurements

  • Building Area Total: 2,501
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size Area: 0
  • Lot Size Square Feet: 1,045
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $124,800.00
  • Operating Expense: $19,356.00

Taxes

  • Parcel Number: 3340350
  • Tax Annual Amount: $7,795.00
  • Tax Assessed Value: $667,433.00
  • Tax Year: 25

Interior

Measurements

  • Living Area: 2,501
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 15

Utilities

Equipment

  • Electric: Individually Metered
  • Sewer: Public Sewer
  • Water Source: Public

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.