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INVESTMENT SNAPSHOT
About this property
451 East 7th Street presents a rare opportunity to acquire a fully occupied three-unit multifamily in the heart of South Boston’s East Side. Ideally positioned just blocks from Carson Beach and the neighborhood’s vibrant East Broadway corridor, this property offers a compelling blend of in-place stability and long-term upside. The building consists of three well-maintained units, each with functional layouts, strong rental demand, and leases in place through August 31, 2026, providing immediate, predictable cash flow. For investors, this is a chance to secure stabilized income in one of Boston’s most supply-constrained submarkets, with the ability to reposition or enhance value immediately, or over time. The basement with ceiling heights over 8' is ZBA approved for a fourth unit.
Property details
| Units | 3 |
| Living area | 3,024 sqft |
| Lot size | 1,755 sqft |
| Year built | 1999 |
| Price / sqft | $761 |
| County | Suffolk |
| MLS # | 73490196 |
Taxes & financials
| Annual property tax | $22,803 |
| Tax year | 2025 |
| Assessed value | $1,823,700 |
| Zoning | CM |
| Gross income (actual) | $147,000/yr |
| Net operating income (actual) | $101,293/yr |
| Total actual rent | $12,250/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer |
Location
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Listing courtesy of Fitzpatrick Real Estate — Chris Fitzpatrick. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 451 E 7th St, Boston MA 02127 have?
It is a 3-unit multi-family property with 3,024 sqft of living area, built in 1999.
What is the estimated cap rate on this 3-family in Boston?
Based on area median rents, the estimated cap rate is about 3.4%, with a Signal Score of 64/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,300,000 across 3 units, that works out to roughly $766,667 per unit.
What are the property taxes on 451 E 7th St, Boston MA 02127?
Annual property taxes are $22,803 (2025), on an assessed value of $1,823,700.
What is the price per square foot?
At $2,300,000 for 3,024 sqft, that's about $761 per square foot.
Where is this property located?
451 E 7th St, Boston MA 02127 is in Boston, Suffolk County, MA 02127.
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