512 East 3rd Street, Boston, MA 02127
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$1,749,000
3 Unit
4 Beds
4 Baths
2717 SQFT
0.05 Acre

Property Description

Attention, all savvy owner-occupants, investors, and developers: Absolutely Perfect Eastside Location in South Boston! Superior South-facing three-family home with amazing outdoor space & individual decks! Tremendous potential with a 2,350 SF lot! Currently, there is over 2,700 square feet of living space with the possibility of expanding into the massive backyard. Ideal for a 1031 exchange, condominium conversion, or as a long-term rental investment. Each apartment has highly desirable floor plans & there has never been a vacancy. Tenants pay utilities, and rents are currently well below market rate. Hold and collect rents or renovate to significantly improve this wonderful income generator! Minutes from everything, including the beach, bus routes, restaurants, Seaport, and more! This premier location is poised for continued appreciation, with numerous nearby developments and new amenities underway. Showings by appointment only.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Amenities: Highway Access, Marina, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Partially Finished, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Financial

  • APOD Available: No
  • Gross Operating Income: 93600
  • Net Operating Income: 93600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Other (See Remarks), Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73536178
  • Last Updated: 06/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/15/2026New$1,749,000$644MLSPIN
09/14/2024Expired$1,995,000$734MLSPIN
06/18/2024Temporarily Withdrawn$1,995,000$734MLSPIN
05/17/2024Active$1,995,000$734MLSPIN
05/13/2024New$1,995,000$734MLSPIN

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Seller's Representative: Frank Celeste, Gibson Sotheby's International Realty
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 2026-06-15 15:03:00

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