428-432 East Third Street, Boston, MA 02127

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
428-432 East Third Street,Boston, MA 02127
$4,000,000
  • 9 Beds
  • 18 Baths
  • 8,024 sq. ft.
  • Multi-family
  • Active
Listed by: christopher sower
Office: cushman & wakefield
MLS#:73389286
Source:MLSPIN

Price summary

  • Price:$4,000,000
  • Price per sq. ft.:$498.5

About this home

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.

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Home facts

  • Year built:1899
  • Listing ID #:73389286
  • Updated:November 15, 2025 at 11:44 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:18
  • Full bathrooms:9
  • Half bathrooms:9
  • Living area:8,024 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1899
  • Building area:8,024 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,000,000
  • Price per sq. ft.:$498.5
  • Tax amount:$9 (9)
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