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.
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
Brick Mortar
Concrete Perimeter
Construction - Stone
Construction - Brick
Rubber
Listing Courtesy of CUSHMAN & WAKEFIELD, CHRISTOPHER SOWER - 617-816-5257
Source of Data: MLS PROPERTY INFORMATION NETWORK