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$1,850,000

550 E 3rd St Boston, MA 02127

6 beds
3 full
2,501 sqft
0.02 acres
$740 / sqft
Multi-Family

Property details

About 550 E 3rd St

550 E 3rd Street consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via programmatic updates to the unrenovated units. 550 E 3rd Street offers the opportunity to acquire a fully leased investment in an exceptional, urban-infill location.

Highlights

Home typeMulti Family
StatusActive
(New)
Size2,501 sqft
Lot size0.02 Acres
Year built2000
MLS #73404193

Summary

  • Full Bathrooms: 3
  • Total Bedroom Count: 6
  • List Price: $1,850,000
  • Price/SqFt: $739
  • Lot: Level
  • Directions: Please Use GPS.
  • Year Built: 2000
  • Stories: 3
  • Living Area: 2,501 SqFt
  • Lot Size: 0.02 Acres
  • MLS Number: 73404193
  • MLS Name: MLS Property Information Network
  • Office Name: Horvath & Tremblay
  • Office Phone: (781) 776-4000
  • Listing Agent: Kelleher - Pentore Team

IDX 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: 7/16/2025, 10:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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

0.7 mi

50 Burke St

2

Paul A. Dever Elementary School

Public District PK-5

1.3 mi

325 Mount Vernon St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $96,601. The most common annual income of people living in Boston, MA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
36%
35k-100k
36%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

73%
Single, No Kids
3%
Single, with Kids
19%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
58%
18-34 yrs old
29%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 550 E 3rd St

The listing price of 550 E 3rd St property is $1,850,000.

The property 550 E 3rd St is a multi located in Boston, Massachusetts, 02127.

Active Listing: 550 E 3rd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 550 E 3rd St are: Joseph P. Tynan Elementary School (GreatSchools Rating 2/10), Michael J. Perkins Elementary School (GreatSchools Rating 2/10), Paul A. Dever Elementary School (GreatSchools Rating 2/10), Oliver Hazard Perry K-8 School (GreatSchools Rating 8/10), Up Academy Boston (GreatSchools Rating 4/10), James Condon K-8 School (GreatSchools Rating 2/10), Excel High School (GreatSchools Rating 2/10), Boston Collaborative High School (GreatSchools Rating 1/10), Boston Collegiate Charter School (GreatSchools Rating 5/10).

The property 550 E 3rd St is 2,501 SqFt (source: MLS/tax record).

The year of construction for 550 E 3rd St is 2000.

This home is located at 550 E 3rd St in Boston, MA and zip code 02127 in the South Boston neighborhood. This 2,501 square foot home, which was built in 2000, sits on a 0.02 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $1,850,000.

In June 2025, from all listings sold in Boston, MA there were more than 166 sold above asking price, over 220 sold below and more than 53 were sold right at the asked price. The inventory of homes for sale in Boston, MA between May and June 2025 increased by 4.6%. Listings spent 36 days on the market in June 2025, and had a median list price of $842,218 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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