5 Transit Street, Boston, MA 02127
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$1,695,000
3 Unit
8 Beds
3 Baths
2706 SQFT
0.05 Acre

Property Description

5 Transit St is a fully occupied three-family property for sale in South Boston, MA. This income-generating asset is steps from the Andrew Square Red Line Station, offering investors a rare opportunity to acquire a blue-chip property with excellent access to transportation routes into Boston, Cambridge, and key destinations to the south. In addition, 5 Transit St is located close to the 21-acre, master-planned On The Dot development — a transformative project consisting of 11 buildings and millions of square feet of commercial and residential space. Positioned in one of Boston’s strongest rental submarkets, South Boston, this three-family property presents an attractive covered-land play, offering potential for equity creation, and appreciation, alongside the potential redevelopment of the Andrew Square Bus and Train Terminal. 5 Transit St currently generates monthly income of $9,250 and is being offered for sale alongside the neighboring property at 7 Transit St.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Highway Access, Public Transportation, Shopping, T-Station
  • Basement Features: Full

Financial

  • APOD Available: No
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 112099
  • Gross Expenses: 9650
  • Electric Expenses: 300
  • Water/Sewer: 3850
  • INSC: 3500
  • Repairs & Maintenance: 2000
  • Net Operating Income: 101350

Utilities

  • Heat Zones: 3
  • Utility Connections: for Electric Oven, for Gas Oven, 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: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73369495
  • Last Updated: 05/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/05/2025Price Change$1,695,000$626MLSPIN

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Seller's Representative: Carleton Ashley, Compass
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 2025-05-05 10:05:00