Don’t miss this rare opportunity to own a gut-renovated four-family investment property in Boston’s coveted South End. This historic brick row house features four never-lived-in units, offering the potential to achieve superior rents. The building includes two 2-bed/1-bath apartments, one 2-bed/2-bath apartment, and a massive 3 bed/2.5-bath penthouse duplex, with an additional loft level. Extensive renovations, featuring brand new utilities and mechanical systems, provide investors with the assurance that their property is well-equipped for long-term success. Private outdoor space, in-unit laundry, and central heating and cooling make this property stand out among comparable rental options. An easy condo-conversion alternative also provides investors with the option to sell as condos in the future. Ideally located near universities, public transportation, and the city’s best amenities, 577 Mass Ave is truly a prime investment opportunity.
This property is $4.4M more than the Median Sold Price and $311/SqFt more than other homes in Boston, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73308669
Listing Office:
Office Name: AJM Group Realty, Inc.
Office Phone: (617) 974-7007
Listing Agent: Benjamin Mandelbraut
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
$1,249,400
2020
-
$1,198,300
2019
-
$1,166,500
2018
-
$1,132,500
2017
-
$1,107,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Blackstone Innovation School
380 Shawmut Ave
Distance between this listing and this school0.40 miles
Public District Grades PK-5
2
/10
Samuel W. Mason Elementary School
150 Norfolk Ave
Distance between this listing and this school0.87 miles
Public District Grades PK-5
6
/10
Josiah Quincy Elementary School
885 Washington St
Distance between this listing and this school1.00 miles
Public District Grades PK-5
Nearby Schools
6
/10
Joseph J. Hurley K-8 School
70 Worcester St
Distance between this listing and this school0.11 miles
Public District Grades PK-8
2
/10
Orchard Gardens K-8 School
906 Albany St
Distance between this listing and this school0.49 miles
Public District Grades PK-8
2
/10
Maurice J. Tobin K-8 School
40 Smith St
Distance between this listing and this school1.07 miles
Public District Grades PK-8
Nearby Schools
1
/10
William Mckinley School
90 Warren Ave
Distance between this listing and this school0.54 miles
Public District Grades KG-12
8
/10
John D. O'Bryant School of Mathematics and Science
55 Malcolm X Blvd
Distance between this listing and this school0.68 miles
Public District Grades 7-12
3
/10
Edward M. Kennedy Academy for Health Careers
360 Huntington Ave # Co
Distance between this listing and this school0.72 miles
The neighbors living near this home have an average income of $14,462. Residents of Boston, MA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
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This home is located at 577 Massachusetts Ave in Boston, MA and zip code 02118 in the Chester Square neighborhood. This 5,435 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $5,300,000.
While more than 93 listings in Boston, MA in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 166 were sold below. The inventory of homes for sale in Boston, MA between October 2024 and November 2024 decreased by 10%. The median list price of listings available in November 2024 was $819,029, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.