1-4 Schrepel Place
Boston, MA 02127
$5,750,000 - South Boston
The Property consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units with 11,070 square feet of living area in 14,760 gross square feet on a 0.149-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Propertyoffers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.
| Listing ID: | 73579555 |
|---|---|
| List Price: | $5,750,000 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Side by Side |
| Status: | Active |
| Bedrooms Total: | 20 |
| Bathrooms Full: | 12 |
| Living Area: | 11,070 |
| Tax Annual Amount: | $54,494 |
| Lot Size Square Feet: | 6,490 |
| Lot Size Acres: | 0.14 |
| City: | Boston |
| MLS Area Major: | South Boston |
| County Or Parish: | Suffolk |
| Postal Code: | 02127 |
| Year Built: | 1920 |
| Number Of Units Total: | 12 |
| Heating: | Electric |
| Lot Features: | Other |
| Parking Features: | Off Street |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Roof: | Rubber |
| Foundation Details: | Other |
| Electric: | Individually Metered |
| Construction Materials: | See Remarks |
| Listing Contract Date: | 2026-09-18 |
| Heating?: | Yes |
| Lot Size Area: | 0.14 |
| Rooms Total: | 44 |
| Bathrooms Total Integer: | 12 |
| Basement: | true |
| Basement: | Unfinished |
| Building Area Source: | Public Records |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Road Frontage Type: | Private Road |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Waterfront Features: | Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public) |
| Zoning: | A |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Electric Expense: | $4,987 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Estimated, Owner, Other (See Remarks) |
| Gross Income: | $458,939 |
| Insurance Expense: | $8,780 |
| Apod Available: | Yes |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 1 |
| Gre: | 85,395 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $519.42 |
| Mse: | 3,000 |
| Page: | 303 |
| Price Per Sqft: | $519.42 |
| Square Feet Disclosures: | Total Monthly Rent is $36, 250, exceeding the $32, 767 max allowed by MLS. |
| Square Feet Incl Base: | No |
| Net Operating Income: | $373,544 |
| Operating Expense: | $85,395 |
| Original List Price: | $5,750,000 |
| Parking Total: | 8 |
| Tax Assessed Value: | $4,356,195 |
| Tax Year: | 2026 |
| Total Actual Rent: | $32,767 |
| Water Sewer Expense: | $6,134 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Building Area Total: | 11,070 |
| Bedrms 1: | 1 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| Bedrms 4: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Electric |
| Above Grade Finished Area: | 11,070 |
| Open Parking Spaces: | 8 |
| Living Area Source: | Public Record |
| Rent1: | 2,750 |
| Rent2: | 3,150 |
| Rent3: | 3,250 |
| Rent4: | 3,100 |
| Total Flrs: | 9 |
| Beachfront Flag: | Yes |
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Kelleher - Pentore Team
Mortgage Calculator
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on October 08, 2026 04:59 PM - ET
Property Last Updated: October 08, 2026 04:59 PM - ET
