#73350904, Jim Fitzgerald, Listing Office: RE/MAX Realty Plus
$3,000,000 List price
493-495 E 7th St Boston, MA 02127
9 beds
8 full
5,668 sqft
0.08 acres
$529 / sqft
Multi-Family
Property details
About 493-495 E 7th St
Rarely available, fully occupied, semi-attached, turnkey six-family with three sides of exposure! This spacious multi-family offers 4 one bedroom, one bathroom units occupying the second and third floors, as well as a first and garden level two bedroom, two bathroom duplex, and a three bedroom, two bathroom first and garden level duplex. Current rents are well below market value and easy to increase with little to no capital improvements, making $200,000+ gross rent per year achievable. Set in an ideal South Boston location - only two blocks to the beach, four blocks to bustling E. Broadway where there is something for everyone - restaurants, coffee shops, bars and grocery store. Close to major bus lines and public transit - this is an investor's dream, attracting a steady stream of quality tenants in a red hot rental market. Brand new back decks and 2nd means of egress!
Highlights
Home typeMulti Family
StatusActive
Size5,668 sqft
BasementYes
Lot size0.08 Acres
Year built1905
ParkingOn Street
MLS #73094948
WaterfrontBeach
Summary
- MLS Number: 73094948
- MLS Name: MLS Property Information Network
- Office Name: Compass
- Office Phone: (617) 206-3333
- Listing Agent: Aranson Maguire Group
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,000,000
493-495 E 7th St
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Price information
Property sales
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Tax history
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Nearby schools
2
Joseph P. Tynan Elementary School
Public District PK-5
0.2 mi
•650 E 4th St
2
Michael J. Perkins Elementary School
Public District KG-5
0.6 mi
•50 Burke St
2
Paul A. Dever Elementary School
Public District PK-5
1.0 mi
•325 Mount Vernon St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $101,042. The majority of Boston, MA residents have income between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
29%
35k-100k
38%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
4%
12-17 yrs old
51%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Tennis
Hiking/backpacking
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
H&M
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
BMW
Audi
Volkswagen
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 493-495 E 7th St in Boston, MA and zip code 02127 in the South Boston neighborhood. This 5,668 square foot home, which was built in 1905, sits on a 0.08 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 4, 2023 and is currently priced at $3,000,000.
Boston, MA housing market in March 2025 saw over 99 listings sold above listed price, more than 51 sold at listed price and over 134 sold below. Between February and March 2025, Boston, MA real estate market has seen increase in the number of listings by 29.2%. In March 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $835,709.
From Rocket Homes Real Estate and based on county public records data.