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Back on the market with a significant price adjustment of $500,000 Offering turnkey investment value in this modern, elevator-served multifamily bldg delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approx. 5.3% cap rate. Has a Condo Conversion flip exit strategy. The 14-unit property features a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts w/ in-unit W/D, CA, individual HVAC, and high-quality finishes incl. quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from (Red Line), I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income w/ some upside to market rents on a few. Boston's most supply-constrained, high-demand submarkets. Buyer's agents compensated

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Gentle Sloping
  • Mls StatusBack on Market

Tax Information

  • Tax Assessed Value $999,999,999
  • Tax Year 2025
  • Taxes$74,929

Parking

  • Covered Spaces 15
  • Garage YN Yes
  • Parking Features Leased, Assigned
  • Parking Spaces30

Rooms

  • Bathroom30
  • Bathrooms Total Decimal 29.5
  • Bedrooms30
  • Full Bath29
  • Half Baths1

Basic Information

  • List Price$9,999,000
  • MLS Number73474378
  • Modification Date06/02/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address33-39 Ward Street
  • Building Number33-39
  • CountySuffolk
  • NeighborhoodSouth Boston
  • StateMA
  • StreetWard Street
  • SubdivisionSouth Boston
  • TownBoston
  • Zip02127

Building

  • Building Area Units Square Feet
  • Construction Materials Stone, Conventional (2x4-2x6), Cement Board
  • Door Features Insulated Doors
  • FoundationConcrete Perimeter
  • Garage Spaces15
  • Levels 4
  • Rooms99
  • Stories4
  • Units14
  • Utilities For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built2022
  • Year Built Details Actual
  • Year Built Source Builder

Property

  • Acreage0.14

Interior

  • Flooring Wood, Tile

Exterior

  • Exterior Features Balcony, Sprinkler System, Varies per Unit
  • RoofRubber

Utilities

  • Electric 220 Volts, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 16,389
  • Lot Size Square Feet 5,925
  • Lot Size Units Acres
  • Square Feet16,389
  • View YN Yes

Amenities

  • Accessibility Features Accessible Entrance
  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Other AmenitiesTennis

Water Body

  • Miles to Beach0.5
  • Waterfront Features Bay,3/10 to 1/2 Mile To Beach

Legal

  • ZoningA

Other

  • Date Listed02/04/2026
  • Farm Land Area Units Square Feet
  • View Count8

Map Location

Driving Directions

Listed by Easter Entwistle Advisors of Douglas Elliman Real Estate - Easter Entwistle Advisors

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