South Boston Three Fams

South Boston Three Fams

By Stephen McCarthy

If you are looking to buy or sell a three family in South Boston (or anywhere) you want to get a good idea of the most recent sales.

The table below shows 3 Fam Sales for 2023 in South Boston. This data is from the Warren Group which shows 36 transfers of 3 unit buildings.

This is a more complete list than MLS which shows 14 3 family sales in 2023.

Per the Warren Group data the average sale was just shy of $1.3M while the average PPSF was $575. 

Top Sale was $3.1M and low sale was $800,000. 

Three families can be difficult to compare as condition typically varies. For the top price the property has to be in above average condition or offer something special in terms of location or lot size.

If you have questions about how to value your property I am available to help!!

 

SOUTH BOSTON 3 FAMILY SALES 1/1/2023 - 1/4/2024
# Street  Lot Area   Living Area  # of Rooms BDRMS BATHS  2023 Assessed Value  Transfer Date  Transfer Price   PPSF   Sale Price/Assessed Value 
893 E 4th St   3,750   4,614 20 14 6        1,903,800 9/21/23   3,100,000   672 163%
351 E 8th St   2,100   2,623 12 6 3           971,400 8/24/23   2,545,000   970 262%
933 E Broadway   4,000   4,641 18 9 3        2,097,500 9/15/23   2,260,000   487 108%
703 E 2nd St   3,875   3,060 14 8 3        1,402,400 4/27/23   2,245,000   734 160%
3 Pacific St   1,473   2,373 11 6 3        1,281,400 3/1/23   2,110,000   889 165%
558 E 5th St   5,630   3,311 13 7 3        1,599,600 5/1/23   2,100,000   634 131%
621 E 8th St   2,407   3,579 20 12 3        1,660,900 10/18/23   1,900,000   531 114%
74 Marine Rd   2,561   3,735 18 8 4        1,703,600 4/18/23   1,900,000   509 112%
761 E 7th St   2,109   3,252 13 7 3        1,607,500 8/18/23   1,899,000   584 118%
114 W 3rd St   1,014   2,330 10 3 3        1,194,200 2/3/23   1,875,000   805 157%
49 Middle St   2,124   3,090 14 6 3        1,318,500 1/6/23   1,862,500   603 141%
401 E 7th St   1,985   3,258 15 6 3        1,478,200 8/1/23   1,850,000   568 125%
665 E 7th St   2,601   3,732 15 6 3        1,301,000 10/2/23   1,849,000   495 142%
178 L St   3,244   3,841 17 7 3        1,454,100 9/22/23   1,800,000   469 124%
815 E 4th St   1,368   2,730 11 4 3        1,305,100 7/28/23   1,725,000   632 132%
68-70 L St   1,785   3,156 16 4 3        1,243,800 5/4/23   1,690,000   535 136%
187 W 5th St   1,606   1,850 11 5 3        1,065,700 3/31/23   1,500,000   811 141%
910 E 4th St   1,884   3,528 15 6 3        1,232,900 7/18/23   1,500,000   425 122%
26 Mercer St   2,125   2,672 12 5 3        1,305,500 3/15/23   1,500,000   561 115%
8 Glover Ct   1,961   2,682 12 3 3        1,130,000 6/26/23   1,450,000   541 128%
30 Mercer St   2,159   3,288 11 5 3        1,507,400 2/24/23   1,375,000   418 91%
28 Mercer St   2,091   2,169 10 3 3        1,263,900 2/24/23   1,375,000   634 109%
659 E 4th St   1,530   2,101 10 5 3        1,189,200 11/17/23   1,375,000   654 116%
204 I St   1,419   3,135 12 6 3        1,279,100 3/9/23   1,265,000   404 99%
21 M St   1,577   2,295 10 3 3        1,007,500 6/2/23   1,250,000   545 124%
2 O Street Pl   1,055   1,857 9 3 3           982,700 6/1/23   1,200,000   646 122%
1 O Street Pl   1,340   1,857 9 3 3        1,014,100 6/1/23   1,200,000   646 118%
5.5 Grimes St      970   1,908 12 4 3           974,800 6/2/23   1,200,000   629 123%
880 E 2nd St   1,296   2,331 9 3 3           802,300 3/2/23   1,200,000   515 150%
70 O St   1,080   2,040 9 4 3        1,139,800 4/28/23   1,200,000   588 105%
5 Brewster St      846   2,126 9 4 3        1,050,900 4/10/23   1,075,000   506 102%
34 Vinton St   2,461   1,824 11 5 3        1,152,300 1/10/23   1,000,000   548 87%
653 E 7th St      858   1,936 9 3 3           916,300 6/16/23      980,000   506 107%
136 W 7th St   1,316   2,364 12 5 3        1,130,800 9/11/23      974,522   412 86%
561A E 6th St   2,220   2,256 11 5 3        1,034,000 12/6/23      910,000   403 88%
929 E 4th St   3,875   4,595 19 9 3        1,996,800 11/8/23      800,000   174 40%
AVERAGES   2,103   2,837              1,297,194 6/10/23   1,584,445   575 124%
South Boston Three Fams
South Boston Three Fams

Work With Stephen

I have been a full-time Boston Real Estate Sales Agent since 2001. I focus primarily on the South Boston, MA real estate market. However, I have closed sales throughout Greater Boston. I monitor values and market activity so that I may provide my clients with timely market information and expertise.

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