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.

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Basic Information

Gross Income $93,600
Lot Features Gentle Sloping
Mls StatusNew
Parcel Number 1414388
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

Tax Assessed Value $1,505,600
Tax Year 2026
Taxes$18,843

Parking

Open Parking YN Yes
Parking Features On Street
Parking Spaces

Rooms

Bathroom4
Bathrooms Total Decimal 4
Bedrooms4
Full Bath4

Basic Information

List Price$1,749,000
MLS Number73536178
Modification Date06/15/2026
Property SubType3 Family - 3 Units Up/Down

Location

Address512 East 3rd Street
Building Number512
CountySuffolk
NeighborhoodSouth Boston
StateMA
StreetEast 3rd Street
SubdivisionSouth Boston
TownBoston
Zip02127

Building

BasementPartially Finished, Walk-Out Access
Building Area Units Square Feet
FoundationStone
Levels 4
Patio And Porch Features Deck
Rooms13
Stories4
Units3
Year Built1890
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.05

Interior

Flooring Tile, Hardwood, Other
Interior Features Living Room, Dining Room, Kitchen, Office/Den

Exterior

Fencing Fenced/Enclosed, Fenced
RoofRubber

Utilities

Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 2,717
Lot Size Square Feet 2,385
Lot Size Units Acres
Square Feet2,717

Amenities

Amenities
- Highway Access
- Marina
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station
- Walk/Jog Trails
Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Other AmenitiesBasement

Water Body

Miles to Beach1
Waterfront Features 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Legal

ZoningRes

Other

Date Listed06/15/2026
Farm Land Area Units Square Feet
View Count1

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Newton, MA

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More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

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Property

Interior

Exterior

Utilities

Property Information

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Water Body

Legal

Other

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Newton, MA