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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUN 15 2025 AT 1:47 AM.

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428-432 East Third St

boston, MA 02127

$4,000,000

  • 9 BR
    9 BA, 9 HALF BA
    APPROX. 8,024 SF

INTERESTED? LET'S CONNECT

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.

Details

8,024 Sq Ft

2,769 Sq Ft Exterior Space

Investment

$9 Annual Tax

Built in 1899

MLS/Listing ID 73389286

18 Stories

9 Units

Amenities & Features

Brick Mortar

Concrete Perimeter

Construction - Stone

Construction - Brick

Rubber

Listing Courtesy of CUSHMAN & WAKEFIELD, CHRISTOPHER SOWER - 617-816-5257

MLSPIN

Source of Data: MLS PROPERTY INFORMATION NETWORK

Interested in 428-432 East Third St?