428-432 E 3rd Street, Boston, MA 02127
View Map
$3,650,000
9 Unit
9 Beds
9 Baths
6018 SQFT
0.06 Acre

Property Description

428-432 E 3rd Street consists of a three-story building containing nine (9) units comprised of nine (9), 1-Bedroom/1-Bathroom units with 6,018 square feet of living area in 8,024 gross square feet on a 0.06-arce parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas heat and hot water. The units feature hardwood/luxury vinyl plank flooring, oak colored wood cabinets, and Formica countertops. The building also features coin operated laundry facility in the basement. The Property offers a potential value-add opportunity by duplexing the 1st floor units into the basement area. This configuration can significantly increase the livable square footage and bedroom counts improving overall building revenue. The Property has been well maintained and is currently leased at below market rates, offering the opportunity to increase rents to market rates via lease renewals.

Property Details tap to expand

Building Information

  • Total Units: 9
  • Total Floors: 5
  • Total Bedrooms: 9
  • Total Full Baths: 9
  • Amenities: Highway Access, Medical Facility, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full, Walk Out

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 272303
  • Gross Expenses: 55488
  • Net Operating Income: 216815

Utilities

  • 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

Unit 4 Description

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

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73473936
  • Last Updated: 02/07/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/03/2026New$3,650,000$607MLSPIN
01/27/2026Temporarily Withdrawn$4,000,000$499MLSPIN
01/01/2026Expired$4,150,000MLSPIN
06/15/2025Active$4,000,000$499MLSPIN
06/11/2025New$4,000,000$499MLSPIN
05/15/2025Temporarily Withdrawn$4,150,000MLSPIN
04/13/2025Active$4,150,000MLSPIN
04/09/2025Price Change$4,150,000MLSPIN
03/14/2025Active$4,500,000MLSPIN
03/10/2025New$4,500,000MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Nick Bevilacqua, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.

MLS PIN data last updated at 2026-02-07 03:05:00