512 East 3rd Street

Taxes: $18,843.73 (2026)

About this home

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.

Property details

Basement

Partially Finished, Walk Out