33-39 Ward St.
Boston, MA 02127
$9,850,000 - South Boston
Offered without pricing - interested buyers can request guidance. Motivated seller. Offering turnkey investment value in this modern, elevator-served multifamily building delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approximately 6% cap rate. Features a condo-conversion flip exit strategy. The 14-unit property includes a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts with in-unit W/D, central A/C, individual HVAC, and high-quality finishes including quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from the Red Line, I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income with upside to market rents in one of Boston's most supply-constrained, high-demand submarkets. Buyer's agents compensated details on request.
| Listing ID: | 73586233 |
|---|---|
| List Price: | $9,850,000 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Status: | Active |
| Bedrooms Total: | 30 |
| Bathrooms Full: | 29 |
| Bathrooms Half: | 1 |
| Living Area: | 16,389 |
| Tax Annual Amount: | $74,929 |
| Lot Size Square Feet: | 5,925 |
| Lot Size Acres: | 0.14 |
| City: | Boston |
| MLS Area Major: | South Boston |
| County Or Parish: | Suffolk |
| Postal Code: | 02127 |
| Year Built: | 2022 |
| Number Of Units Total: | 14 |
| Flooring: | Wood, Tile |
| Lot Features: | Gentle Sloping |
| Parking Features: | Leased, Assigned |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Accessibility Features: | Accessible Entrance |
| Roof: | Rubber |
| Window Features: | Insulated Windows |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Concrete Perimeter |
| Electric: | 220 Volts, Individually Metered |
| Construction Materials: | Stone, Conventional (2x4-2x6), Cement Board |
| Listing Contract Date: | 2026-10-03 |
| Garage?: | Yes |
| Lot Size Area: | 0.14 |
| Rooms Total: | 99 |
| Bathrooms Total Integer: | 30 |
| Basement: | false |
| Building Area Source: | Public Records |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station |
| Door Features: | Insulated Doors |
| Exterior Features: | Balcony, Sprinkler System, Varies per Unit |
| Levels: | 4 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup |
| Waterfront Features: | Bay, 3/10 to 1/2 Mile To Beach |
| Zoning: | A |
| Covered Spaces: | 15 |
| Garage Spaces: | 15 |
| Stories Total: | 4 |
| View: | City View(s) |
| Year Built Source: | Builder |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner, Pro. Forma Available |
| Listing Terms: | Contract |
| Apod Available: | Yes |
| Cooling Units: | 1 |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 2 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 3 |
| Heat Units: | 1 |
| Heat Zones: | 2 |
| Lead Paint: | None |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $601.01 |
| Page: | 999999 |
| Price Per Sqft: | $601.01 |
| Square Feet Incl Base: | No |
| Year Round: | Yes |
| Net Operating Income: | $576,508 |
| Original List Price: | $9,850,000 |
| Parking Total: | 45 |
| Tax Assessed Value: | $999,999,999 |
| Tax Year: | 2025 |
| Total Actual Rent: | $10,825 |
| View?: | Yes |
| Year Built Details: | Actual |
| Waterview Features: | Bay |
| Waterview Flag: | Yes |
| Building Area Total: | 16,389 |
| Bedrms 1: | 4 |
| Bedrms 2: | 2 |
| F Bths 1: | 3 |
| F Bths 2: | 2 |
| Hot Water: | Natural Gas, Tankless |
| H Bths 1: | 1 |
| Above Grade Finished Area: | 16,389 |
| Open Parking Spaces: | 30 |
| Living Area Source: | Public Record |
| Rent1: | 6,850 |
| Rent2: | 3,975 |
| Total Flrs: | 4 |
| Beachfront Flag: | Yes |
Listing Courtesy of: Corcoran Property Advisors
Listing Agent: Herb Entwistle
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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
