Exceptional investment opportunity in vibrant South Boston!

This 2 family gem holds THREE coveted parking spots (Southie gold!) and offers 2 roomy units: Unit 1 features 2 beds, 1 bath and 850 sq ft, renting for $3500/mo. Unit 2 is a sunny BILEVEL bauty with 3 beds, 2 baths and 1207 sq ft, renting for $5000/mo. Both units have private decks and in unit laundry. PARKING brings in an additional $325-400 per spot/month! Unbeatable location: 0.2 miles to the beach, conveniently on a bus route and perfectly s ituated in the middle of all Southie has to offer while still enjoying the feels of East side residential living.

Seller has drawn plans available for a rear expansion, potentially adding 1, 689 sq ft and converting the third floor into a 3rd unit! Plans have not yet been permitted. Dont miss out on this prime property with immense growth potential! Can be sold as condos!

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on 581 E 8th St
in Boston, MA
Presented by Brigid Murphy at
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Property MLS #73247602 from MLSPIN

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Other Rooms

Total Rooms: 15
Basement Description: Unfinished

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Interior Features

Bathroom With Tub & Shower
Bathroom with Shower Stall
Living Room
Dining Room
Kitchen
Laundry Room

+ Appliances

Range
Dishwasher
Microwave
Refrigerator
Washer
Dryer

+ Heating and Cooling

Cooling Features: Central Air

+ Exterior and Lot Features

Balcony/Deck
Patio And Porch Features: Deck - Composite

+ Waterfront and Water Access

Beach Front
Ocean
Walk to
0 to 1/10 Mile To Beach
Beach Ownership(Public)

+ Land Info

Lot Description: Easements
Lot Size Acres: 0.0860882
Lot Size Square Feet: 3750

+ Garage and Parking

Open Parking: Yes
Parking Features: Paved Drive, Off Street
Parking Total: 3

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 102000
Rent Includes: Unit 1(Water), Unit 2(Water)

+ Multi-Unit Info

Number of Units: 2

+ Other Property Info

Annual Tax Amount: 19432
Source Listing Status: Active
County: Suffolk
Directions: google maps.
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: W:07 P:02098 S:000, 4757281
Postal Code Plus 4: 4141
Zoning: CM
Property Subtype: 2 Family - 2 Units Up/Down
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax

+ Reveal Property Sale History

Price Changed 2024-06-21
$1,819,999
MLSPIN

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Price Changed 2024-06-15
$1,899,999
MLSPIN

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Listed 2024-06-05
$1,950,000
MLSPIN

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Listing removed 2024-06-04
$2,200,000
MLSPIN

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Listing removed 2024-05-23
$2,200,000
MLSPIN

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Listed 2024-04-30
$2,200,000
MLSPIN

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Listing removed 2014-07-26
$1,900
RentalBeast

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Listed for rent 2014-07-12
$1,900
RentalBeast

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Listing removed 2013-12-10
$1,600
RentalBeast

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Sold 2007-08-15
$550,000
Public Record

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Sold 2007-07-18
$550,000
MLSPIN

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Listed 2007-05-10
$589,900
MLSPIN

+ Commercial Info

Net Operating Income: 102000

+ Building and Construction

Year Built: 1900
Building Area Total: 2057
Building Area Units: Square Feet
Property Age: 124
Levels or Stories: 3
Year Built Details: Actual
Year Built Source: Public Records

+ Utilities

Sewer: Public Sewer
Water Source: Public

+ Display Complete School Details

Joseph P. Tynan Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

Gate of Heaven Elementary School is a private elementary and middle school located approximately 0.3 miles away.
Map directions

Boston Green Academy Horace Mann Charter School is a public middle and high school located approximately 0.3 miles away.
Map directions