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607 E 7th St Boston — Photo 1 of 21

607 E 7th St Boston — Photo 1 of 21

$1,799,999

Investment Analysis — 607 E 7th St

Boston, MA 02127 — South Boston's Castle Island

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02127 carries an estimated $11,520/mo in gross rent — about a 4.73% cap rate and $85,078/yr in estimated NOI at the $1,799,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

3,110

Style

3 Family

Built

1890

Exceptional opportunity to own a three-family property in the heart of South Boston’s East Side neighborhood. 607 East 7th Street offers strong investment potential, owner-occupant flexibility, and long-term upside in one of Boston’s sought-after locations. The property features classic South Boston charm, excellent natural light, and the rare benefit of 5 parking spaces recognized by the City of Boston, an incredible asset in this neighborhood. Conveniently located near Castle Island, Carson Beach, the Seaport District, restaurants, shopping, public transportation, parks, and major highways. Surrounded by ongoing growth and development, this property presents an outstanding opportunity for investors, developers, or buyers looking to secure a prime multi-family asset in a thriving urban market. Easy access to downtown Boston and the waterfront further enhances the value and appeal of this exceptional offering. Plus, it has Austria parking according to the deed 5 spots

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,799,999
Annual Taxes$19,984

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms15
FireplacesNone
FlooringWood, Tile, Vinyl
BasementFull, Partially Finished, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingForced Air
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone
ZoningR3

Property & Lot

Acres0.09
SqFt Lot3,750
Lot FeaturesGentle Sloping

Amenities & Appliances

Range

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Melvin A. Vieira Jr.

Listing Office: RE/MAX Real Estate Center

MLS® Number: 73522561