Fully renovated two-family home in the heart of South Boston! This property features brand new siding, central A/C and mini splits, hardwood floors, spacious bedrooms, and modern kitchens and bathrooms with stainless steel appliances. Enjoy a large patio space in the rear, perfect for outdoor entertaining. Unit 1 is a large, renovated 1-bedroom unit currently collecting $3,300 a month in rent. Upstairs, you'll find a spacious duplex with 4 bedrooms plus an office, collecting $5,700 a month in rent. There's also potential to add value by converting the basement to a duplex for Unit 1. Additionally, there is room to increase the rent roll after the current lease cycle ends. Low maintenance and ready for new owners to enjoy. The location is fantastic—within walking distance to Broadway shops and restaurants, and next to Thomas Park. Don't miss this incredible opportunity!
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Last Updated: June 14th, 2024 at 4:27am
General Information for 16 Atlantic Street, Boston, Massachusetts 02127
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,595,000
Price per sqft$693.48
MLS #73249561
Handicap Access / FeaturesNo
List Date2024-06-09
Special Listing Conditions
StateMassachusetts
Street NameAtlantic Street
CityBoston
Zip Code02127
CountySuffolk
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2300
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress16 Atlantic Street, Boston MA 02127
Zoning
Interior Features for 16 Atlantic Street, Boston, Massachusetts 02127
* Approx. Living Area Total2,300 sq ft
Living Area Includes BasementNo
Bedrooms5
* # Fireplaces0
Bathrooms (Total)3
Full Baths3
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricNo
Electric$0
MLS Area (Major)South Boston
MLSPIN_BEDRMS_11
MLSPIN_BEDRMS_24
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_22
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 16 Atlantic Street, Boston, Massachusetts 02127
* Approximate Lot Size0.05 acres
Covered Parking Spaces0
Lot FeaturesOther
* Parking Spaces0
* Sewer Utilities
* Water Utilities
* Year Built1890
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area
Foundation MaterialsOther
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)2,000 Sqft
Disclosures for 16 Atlantic Street, Boston, Massachusetts 02127
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation2
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 16 Atlantic Street, Boston, Massachusetts 02127
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$108,000
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_22
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT13300
MLSPIN_RENT25700
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$108,000
OperatingExpense$0
OriginalListPrice$1,595,000
RENT_FEE_INCLUDES
TOTAL_RENT9000
WaterSewerExpense$0
Lifestyle Information for 16 Atlantic Street, Boston, Massachusetts 02127
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront FeaturesBeach Front
Location information for 16 Atlantic Street, Boston, Massachusetts 02127
Elementary School
Middle School
High School
NumberOfUnitsTotal2
Marketing History for 16 Atlantic Street, Boston, Massachusetts 02127
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY50
PurchaseContractDate
Agent Information for 16 Atlantic Street, Boston, Massachusetts 02127