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$4,000,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Units
  • 9 Total Beds
  • 0.06 Acres
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Presenting 428-432 E Third St, a tremendous investment opportunity located in the heart of South Boston comprised of a 3 story, 9-unit apartment building. Although meticulously maintained by ownership, the property presents significant value-add opportunity to increase rents through cosmetic improvements. The property is currently 100% leased at below market rents. Additionally, the property presents a potential condominium conversion opportunity. 428-432 E Third is part of a larger portfolio with 444 E Third St, the longtime home of USPS. The two sites total 21,543 SF of development potential.

Full Property Details for 428-432 E 3rd St

General

  • Price: $4,000,000
  • Taxes: $9 (9)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73389286
  • Updated: 8/25/2025
  • Added to Site: 220 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 18
  • Full Bathrooms: 9
  • Half Bathrooms: 9

Bedrooms

  • Total Bedrooms: 9

Location

  • County: Suffolk

Structural Information

  • Stories/Levels: 18
  • Square Feet: 8,024
  • Year Built: 1899

Lot Features

  • Lot Size (Acres): 0.06

Financial Considerations

  • Tax Amount: $9
  • Tax Year: 9

Disclosures and Reports

  • Property ID: 1414766

Listed by Cushman & Wakefield, Christopher Sower

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Listing agent

— 428-432 E 3rd St —

  • Christopher Sower

    Cushman & Wakefield

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 428-432 E 3rd St

School District:Boston School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 428-432 E 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/11/2025
Listed
$4,000,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Cushman & Wakefield, Christopher Sower

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Listed by David Green

428-432 East Third Street, Boston, MA 02127 (MLS# 73389286) is a Multi-Family property with 9 units containing 9 bedrooms, 9 full bathrooms and 9 partial bathrooms. 428-432 East Third Street is currently listed for $4,000,000 and was received on June 11, 2025. Want to learn more about 428-432 East Third Street? Do you have questions about finding other Multi-Family real estate for sale in Boston? You can browse all Boston real estate or contact a Coldwell Banker agent to request more information.

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