819 E 4th Street, Boston, MA 02127
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$2,200,000
3 Unit
9 Beds
3 Baths
4442 SQFT
0.07 Acre

Property Description

Rare opportunity in South Boston’s coveted City Point. Stately and oversized, 819 E 4th Street is a well-maintained 3-family offering scale, flexibility, and major value-add upside—ideal for investors, condo converters, or those seeking a legacy buy-and-hold property. Just blocks from M Street Beach, Castle Island, and East Broadway, this ~4,500 sq ft property includes three full-floor residences, each with 3–4 beds, large living/dining areas, eat-in kitchens, private rear decks, and a spacious backyard. Units 2 and 3 offer dedicated offices, and a full basement adds storage or expansion potential. Zoning may allow for a fourth unit or condo conversion (buyer to verify). Reimagine as three 5-bed, 2-bath luxury units with projected gross rents of ~$24K/month and a potential 8% cap rate. Close to MBTA (7, 9, 10), Seaport, hospitals, and downtown. Full pro forma available—don’t miss this high-ROI opportunity in one of Boston’s strongest rental markets.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Tile Floor
  • Common Appliances: Dryer, Freezer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 54000
  • Net Operating Income: 54000

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Energy Features: Insulated Doors, Insulated Windows, Storm Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1885
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Pine, Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73380530
  • Last Updated: 05/31/25

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Map

Seller's Representative: Mission Realty Advisors, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-31 03:05:00

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