Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

428-432 East Third Street

Boston, MA ID #73389286

Property Description

Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents through cosmetic improvements. The property is currently 100% leased at below market rents. Additionally, the property presents a potential condominium conversion opportunity. 428-432 E Third is part of a larger portfolio with 444 E Third St, the longtime home of USPS. The two sites total 21,543 SF of development potential.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02127
  • Taxes: 9
  • Levels: 18
  • Acres: 0.06

Rooms/Dimensions

  • Total Units: 9
  • Total Floors: 18
  • Total Rooms: 18

Location

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428-432 East Third Street, Boston, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Christopher Sower of Cushman & Wakefield. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.