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595 E 5th St - 595 East 5th Street 3 Unit Apartment Building Offered at $1,599,000 at a 6.59% Cap Rate Boston, MA 02127
Executive Summary
Executive Summary
Turnkey 3-Unit Multi-Family Investment – South Boston
Excellent opportunity to acquire a fully updated, low-maintenance 3-unit residential building located at 595 East 5th Street in South Boston. The property features a strong rental mix, modern updates, and highly demanded tenant amenities, making it a reliable addition to any investment portfolio in a high-demand rental market.
Unit Mix & Layouts
The building consists of three distinct apartments designed for maximum occupancy appeal:
Unit 1: A spacious 2-Bedroom, 2-Bathroom Duplex configuration featuring an open living layout and a large closet.
Unit 2: A standard 2-Bedroom, 1-Bathroom
Unit 3: A standard 2-Bedroom, 1-Bathroom
Property & Unit Features
All units have been fully updated with durable, rental-friendly finishes that reduce immediate capital expenditure needs:
Kitchens & Baths: Modernized kitchens equipped with stainless-steel appliances, granite countertops, and updated cabinetry. Bathrooms feature clean, modern updates.
Flooring: New, consistent flooring installed throughout all three apartments.
Laundry: Dedicated in-unit laundry hookups/machines provided for each individual unit.
Outdoor Space: Two rear decks provide valuable outdoor areas for tenants.
Turnkey 3-Unit Multi-Family Investment – South Boston
Excellent opportunity to acquire a fully updated, low-maintenance 3-unit residential building located at 595 East 5th Street in South Boston. The property features a strong rental mix, modern updates, and highly demanded tenant amenities, making it a reliable addition to any investment portfolio in a high-demand rental market.
Unit Mix & Layouts
The building consists of three distinct apartments designed for maximum occupancy appeal:
Unit 1: A spacious 2-Bedroom, 2-Bathroom Duplex configuration featuring an open living layout and a large closet.
Unit 2: A standard 2-Bedroom, 1-Bathroom
Unit 3: A standard 2-Bedroom, 1-Bathroom
Property & Unit Features
All units have been fully updated with durable, rental-friendly finishes that reduce immediate capital expenditure needs:
Kitchens & Baths: Modernized kitchens equipped with stainless-steel appliances, granite countertops, and updated cabinetry. Bathrooms feature clean, modern updates.
Flooring: New, consistent flooring installed throughout all three apartments.
Laundry: Dedicated in-unit laundry hookups/machines provided for each individual unit.
Outdoor Space: Two rear decks provide valuable outdoor areas for tenants.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,599,000 | Property Type | Multifamily |
| Price Per Unit | $533,000 | Building Size | 999,999 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.59% | No. Stories | 4 |
| No. Units | 3 | Year Built | 1900 |
| Price | $1,599,000 |
| Price Per Unit | $533,000 |
| Sale Type | Investment |
| Cap Rate | 6.59% |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 999,999 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1900 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $3,850 | - |
| 2+1 | 2 | $3,400 | - |
| 2+1 | 3 | $3,400 | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | SBOS-000000-000006-002416 | Improvements Assessment | $780,400 (2025) |
| Land Assessment | $411,700 (2025) | Total Assessment | $1,192,100 (2025) |
Property Taxes
Parcel Number
SBOS-000000-000006-002416
Land Assessment
$411,700 (2025)
Improvements Assessment
$780,400 (2025)
Total Assessment
$1,192,100 (2025)
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595 E 5th St - 595 East 5th Street
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