16 Atlantic Street

Boston, MA 02127 View Map $1,595,000 Schedule a Tour
Beds5
Baths3
Sq.Ft.2,300
Year1890
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Status: Active
Property Type:Multi Family
MLS #:73249561
Sq. Feet:2,300
On Site:39 Days
Lot Size:0.05 Acres
County:Suffolk
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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Community Information

Address:16 Atlantic Street, Boston, MA 02127
County:Suffolk
City:Boston
Zip Code:02127

Architecture

Bedrooms: 5
Bathrooms: 3
Year Built:1890
Stories:3
Building Area: 2300

Features / Amenities

Total Rooms:10

Property Features

Lot Size: 0.05 Acres
Waterfront: Beach Front
Sewer: Public Sewer
Water: Public
Fencing: Fenced/Enclosed
Zoning:RES
Directions:GPS

Tax and Financial Info

Tax Year: 2024
Tax Annual Amount: $12,740
Gross Income: $108,000
Net Operating Income: $108,000
Total Actual Rent: $9,000
Buyer Agency Compensation: 2
Transaction Broker Compensation: 2
Buyer Agent Compensation: 2
Disclosures: leases are on 8/31/25 cycle

Listing Agent/Office

Listing provided courtesy of John Federico, Grove Property Group.

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16 Atlantic Street Boston,  MA 02127
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16 Atlantic Street Boston, MA 02127
 
ASAP
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Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 7/17/2024