For sale

Price cut: $74K (7/22)

$1,625,000

512 E 3rd St, South Boston, MA 02127

4beds

2,717sqft

$10,013/mo

Get pre-qualified

3 Family - 3 Units Up/Down

Built in 1890

-- sqft lot

$1,545,700 Zestimate^®

$598/sqft

$-- HOA

What's special

Superior south-facing three-family homeAmazing outdoor spaceIndividual decksHighly desirable floor plans

Attention, all savvy owner-occupants, investors, and developers: Absolutely Perfect Eastside Location in South Boston! Superior South-facing three-family home with amazing outdoor space & individual decks! Tremendous potential with a 2,350 SF lot! Currently, there is over 2,700 square feet of living space with the possibility of expanding into the massive backyard. Ideal for a 1031 exchange, condominium conversion, or as a long-term rental investment. Each apartment has highly desirable floor plans & there has never been a vacancy. Tenants pay utilities, and rents are currently well below market rate. Hold and collect rents or renovate to significantly improve this wonderful income generator! Minutes from everything, including the beach, bus routes, restaurants, Seaport, and more! This premier location is poised for continued appreciation, with numerous nearby developments and new amenities underway. Showings by appointment only.

65 days

422

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Features

Living Room, Dining Room, Kitchen, Office/Den
Flooring: Tile, Hardwood, Other
Basement: Partially Finished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,717
Total interior livable area: 2,717 sqft
Finished area above ground: 2,717

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Patio & porch: Deck
Fencing: Fenced/Enclosed,Fenced
Waterfront features: 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Lot

Size: 2,385 Square Feet
Features: Gentle Sloping

Details

Parcel number: 1414388
Zoning: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Foundation: Stone
Roof: Rubber

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, Marina, Private School, Public School, T-Station

Location

Region: South Boston

Financial & listing details

Price per square foot: $598/sqft
Tax assessed value: $1,505,600
Annual tax amount: $18,843
Date on market: 6/15/2026
Exclusions: Tenant's Belongings.
Total actual rent: 7800

Estimated market value

$1,545,700

$1.38M - $1.75M

$3,088/mo

Price history

Date	Event	Price
7/22/2026	Price change	$1,625,000-4.4%$598/sqft
Source: MLS PIN #73536178 Report a problem
7/6/2026	Price change	$1,699,000-2.9%$625/sqft
Source: MLS PIN #73536178 Report a problem
6/15/2026	Listed for sale	$1,749,000-12.3%$644/sqft
Source: MLS PIN #73536178 Report a problem
6/18/2024	Listing removed	$1,995,000$734/sqft
Source: MLS PIN #73236803 Report a problem
5/13/2024	Listed for sale	$1,995,000+157.4%$734/sqft
Source: MLS PIN #73236803 Report a problem
9/3/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/25/2022	Price change	$2,300+9.5%$1/sqft
Source: Zillow Rental Manager Report a problem
8/19/2022	Price change	$2,100-4.5%$1/sqft
Source: Zillow Rental Manager Report a problem
8/8/2022	Price change	$2,200-4.3%$1/sqft
Source: Zillow Rental Manager Report a problem
7/29/2022	Price change	$2,300-4.2%$1/sqft
Source: Zillow Rental Manager Report a problem
7/22/2022	Listed for rent	$2,400$1/sqft
Source: Zillow Rental Manager Report a problem
8/16/2013	Sold	$775,000+718.7%$285/sqft
Source: Public Record Report a problem
1/13/1998	Sold	$94,667$35/sqft
Source: LINK #12794 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,435 +12.6%	$1,505,600 +6%
2024	$15,480 +9.6%	$1,420,200 +8%
2023	$14,127 +8.6%	$1,315,400 +10%
2022	$13,010 +7.1%	$1,195,800 +5%
2021	$12,152 +10%	$1,138,900 +8.8%
2020	$11,050 +10.2%	$1,046,400 +10%
2019	$10,027 +3.6%	$951,300 +3%
2018	$9,681 +351.3%	$923,800 +5%
2017	$2,145 -75%	$879,800 +12.8%
2016	$8,580 +5.7%	$780,000 +16.4%
2015	$8,116 +39.6%	$670,200 +51.5%
2013	$5,812 -0.9%	$442,300 -1.6%
2012	$5,864 +6.1%	$449,700 +4%
2011	$5,528 +7.8%	$432,200 +0.2%
2010	$5,126 +3%	$431,500 -7.9%
2009	$4,978 -13.8%	$468,300 -11%
2008	$5,772 -4%	$526,200 -3.8%
2007	$6,012	$547,000