$1,775,000 ($862.91 per sqft)

Est. Mortgage $8,628/mo *

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581 East Eighth, Boston, MA, 02127

581 East Eighth, Boston, MA, 02127
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15 rooms

5 beds

3 Full baths

1900

2,057 sqft

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.

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

CM

Cooling:

Central Air

Basement:

Unfinished

Levels:

3

Parking:

3-car, Paved Drive, Off Street, Deeded

Acreage:

0.09

Est. Taxes:

$19,432

Assessment

$1,782,800

Lot Description:

Easements

Appliances:

Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

MLS #:

73299666

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Brigid Murphy, Access Phone: 617-825-8000