Commonwealth Properties Residential, LLC
Bill Rosanio, Commonwealth Properties Residential, LLCPhone: (617) 548-8719
Email: [email protected]
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listing
1 of 39
MultifamilyFor Sale
$1,775,000
581 East Eighth
Boston, MA 02127
Courtesy of Access - Brigid Murphy
MLS Property Information Network
5Beds
3Baths
2,057Sq Ft
Est. Mortgage
$9,262/mo

Opportunity strikes in vibrant South Boston! This 2 family gem holds THREE coveted parking spots (Southie gold!) and offers 2 spacious units: Unit 1 features 2 beds, 1 bath, and 850 sq ft, is renting for $3500/mo. Unit 2 is a sunny BILEVEL beauty with 3 beds, 2 baths, and 1207 sq ft, renting for $5000/mo (lease end: 8/31/25). Both units have private decks & in unit laundry! PARKING brings in an additional $325-400 per spot/month bringing the total rent roll to $9625 at full capacity! Unbeatable location: 0.2 miles to the beach, conveniently on a bus route and perfectly situated in the middle of all Southie has to offer while still enjoying the feels of East side residential living. Seller has drawn plans available for a rear expansion, potentially adding 1,689 sq ft and converting the third floor into a 3rd unit! Plans have not yet been permitted. Don’t miss out on this prime property with immense potential! Can also be sold as condos.

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Information courtesy of Access is subject to verification and is not guaranteed.
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