Turnkey investment opportunity in the highly desirable South Boston market. 16 Atlantic is a spacious 5-bedroom, 3-bath multi-family property offering strong income potential and long-term appreciation in one of Boston’s most sought-after rental locations.The property features a flexible layout ideal for maximizing rental yield, with generously sized bedrooms and multiple full baths that appeal to today’s tenant demand. Well-maintained interiors and functional unit separation make for efficient management and consistent occupancy. The surrounding neighborhood continues to see strong growth, making this an excellent opportunity for both cash flow and equity appreciation. Ideal for investors seeking a stable asset in a high-demand urban market. Leases renewed through August 2027 with Unit 1 increasing to $3500 and Unit 2 increasing to $6000
For sale
Price cut: $100K (4/29)
$1,699,000
16 Atlantic St, South Boston, MA 02127
6beds
2,298sqft
Multi Family
Built in 1890
-- sqft lot
$1,634,900 Zestimate®
$739/sqft
$-- HOA
What's special
Generously sized bedroomsWell-maintained interiorsFunctional unit separation
- 97 days |
- 235 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Carlisle Group,
Compass 617-206-3333
Source: MLS PIN,MLS#: 73496748
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,298
- Total interior livable area: 2,298 sqft
- Finished area above ground: 2,298
Property
Features
- Fencing: Fenced/Enclosed
- Waterfront features: 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 2,000 Square Feet
Details
- Parcel number: W:07 P:01033 S:000,1410970
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Stone
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
Location
- Region: South Boston
Financial & listing details
- Price per square foot: $739/sqft
- Tax assessed value: $1,289,200
- Annual tax amount: $14,929
- Date on market: 4/6/2026
- Total actual rent: 9325
Estimated market value
$1,634,900
$1.55M - $1.72M
$5,485/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $1,699,000-5.6%$739/sqft |
Source: MLS PIN #73496748 Report a problem | ||
| 4/7/2026 | Listed for sale | $1,799,000+13.5%$783/sqft |
Source: MLS PIN #73496748 Report a problem | ||
| 11/4/2024 | Sold | $1,585,000-0.6%$690/sqft |
Source: MLS PIN #73249561 Report a problem | ||
| 6/9/2024 | Listed for sale | $1,595,000-0.3%$694/sqft |
Source: MLS PIN #73249561 Report a problem | ||
| 4/16/2024 | Listing removed | $1,599,999$696/sqft |
Source: MLS PIN #73207601 Report a problem | ||
| 3/1/2024 | Listed for sale | $1,599,999+64.1%$696/sqft |
Source: MLS PIN #73207601 Report a problem | ||
| 1/12/2023 | Sold | $975,000-18.8%$424/sqft |
Source: MLS PIN #73056658 Report a problem | ||
| 12/2/2022 | Contingent | $1,200,000$522/sqft |
Source: MLS PIN #73056658 Report a problem | ||
| 11/9/2022 | Listed for sale | $1,200,000$522/sqft |
Source: MLS PIN #73056658 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,929 +18.2% | $1,289,200 +11.3% |
| 2024 | $12,625 +9.6% | $1,158,300 +8% |
| 2023 | $11,520 +6.6% | $1,072,600 +8% |
| 2022 | $10,803 +4% | $992,900 +2% |
| 2021 | $10,386 +4% | $973,400 +2.9% |
| 2020 | $9,988 +2.2% | $945,800 +2% |
| 2019 | $9,777 +5.6% | $927,600 +5% |
| 2018 | $9,255 +510.3% | $883,100 +10% |
| 2017 | $1,517 -81.1% | $802,800 +10% |
| 2016 | $8,028 +16.8% | $729,800 +28.6% |
| 2015 | $6,872 +17% | $567,500 +26.9% |
| 2013 | $5,876 +10.7% | $447,200 +9.9% |
| 2012 | $5,307 -3.1% | $407,000 -5% |
| 2011 | $5,477 +6.6% | $428,200 -1% |
| 2010 | $5,138 +11.4% | $432,500 -0.4% |
| 2009 | $4,614 -8% | $434,100 -5% |
| 2008 | $5,013 -7.9% | $457,000 -7.7% |
| 2007 | $5,442 | $495,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Boston
Nearby schools
GreatSchools rating
- 5/10Perkins Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 3/10James F. Condon SchoolGrades: PK-8Distance: 0.5 mi
- 2/10Excel High SchoolGrades: 9-12Distance: 0.1 mi
- $--4 bd2 ba1.5k sqft16 Atlantic St #U2, Boston, MA 02127Off Market
- $--4 bd2 ba1.5k sqft16 Atlantic St #2, Boston, MA 02127Off Market
- $--5 bd3 ba1.2k sqft16 Atlantic St #1, Boston, MA 02127Off Market
- $826,0003 bd2 ba1k sqft14 Atlantic St #2, South Boston, MA 02127Sold
- $2,529,5003 bd2 ba9.9k sqft18 Atlantic St, South Boston, MA 02127Off Market
- $--2 bd1 ba625 sqft18 Atlantic St #4, Boston, MA 02127Off Market
- $--5 bd3 ba-- sqft18 Atlantic St #A1, Boston, MA 02127Off Market
- $6,4005 bd3 ba9.9k sqft18 Atlantic St #3, Boston, MA 02127For Rent
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Massachusetts
- Suffolk County
- Boston
- 02127
- South Boston
- 16 Atlantic St
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