#73370982, Jackie Rooney Team, Listing Office: Rooney Real Estate, LLC
493-495 E 7th St Boston, MA 02127
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
Summary
- Full Bathrooms: 8
- Basement: Yes
- Flooring Type: Tile, Hardwood, Parquet
- Total Bedroom Count: 9
- Parking: On Street
- Waterfront: Beach
- Exterior: Rain Gutters
- List Price: $3,000,000
- Price/SqFt: $529
- Lot: Corner Lot
- Directions: Corner of Springer St and East 7th St
- Year Built: 1905
- Stories: 9
- Living Area: 5,668 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 73094948
- MLS Name: MLS Property Information Network
- Office Name: Compass
- Office Phone: (617) 206-3333
- Listing Agent: Aranson Maguire Group
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 12:55:27 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. Residents of Boston, MA typically earn between $100k-200k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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.
Over 136 listings were sold over their listed price in April 2025 in Boston, MA. In the same period over 160 listings were sold below the listed price and 52 listings were sold for the listed price. The inventory of homes for sale in Boston, MA between March and April 2025 increased by 31.8%. While the average time on the market in April 2025 was 47 days, the median list price was $840,482.