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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

  • Gross Income $678,877
  • Mls StatusBack on Market

Tax Information

  • Tax Year 2025
  • Taxes$74,929

Basic Information

  • List Price$10,490,000
  • MLS Number73474379
  • Modification Date06/02/2026

Location

  • Address33-39 Ward Street
  • Building Number33-39
  • CountySuffolk
  • NeighborhoodSouth Boston
  • StateMA
  • StreetWard Street
  • SubdivisionSouth Boston
  • TownBoston
  • Zip02171

Building

  • Building Area Units Square Feet
  • Utilities Public Water
  • Year Built2021

Property

  • Acreage0.14

Exterior

  • RoofRubber

Property Information

  • Living Area 16,389
  • Lot Size Square Feet 5,924
  • Lot Size Units Acres
  • Square Feet16,389

Legal

  • ZoningA
  • Zoning Description Legal Conforming

Other

  • Date Listed02/04/2026
  • Farm Land Area Units Square Feet
  • View Count6

Map Location

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

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