Property Description

Rare opportunity in South Boston’s coveted City Point. Stately and oversized, 819 E 4th Street is a well-maintained 3-family offering scale, flexibility, and major value-add upside—ideal for investors, condo converters, or those seeking a legacy buy-and-hold property. Just blocks from M Street Beach, Castle Island, and East Broadway, this ~4,500 sq ft property includes three full-floor residences, each with 3–4 beds, large living/dining areas, eat-in kitchens, private rear decks, and a spacious backyard. Units 2 and 3 offer dedicated offices, and a full basement adds storage or expansion potential. Zoning may allow for a fourth unit or condo conversion (buyer to verify). Reimagine as three 5-bed, 2-bath luxury units with projected gross rents of ~$24K/month and a potential 8% cap rate. Close to MBTA (7, 9, 10), Seaport, hospitals, and downtown. Full pro forma available—don’t miss this high-ROI opportunity in one of Boston’s strongest rental markets.