Rare opportunity to complete an almost shell condition 3 family in the emerging City Point neighborhood. Close to both the Seaport, and Southie’s Broadway Hub, this property is a phenomenal asset to acquire. A potential condo conversion, or trophy cash flow property with a +-2,100 SQFT 4-5 bed/3 bath 1st/garden duplex and TWO +-1,125 SQFT 3-4 bed/2 bath units, all with over sized private decks, and roof deck potential for the Penthouse. Adjacent projects selling at $650-850/SQFT and this property projects at an all in fully renovated $385/SQFT. Great long term buy and hold or flip opportunity.
Area Map + Amenities
South Boston, or “Southie” was previously a largely Irish Catholic community. In recent years it has become more and more desirable among young professionals and families, and understandably so, as the draw of the neighborhood’s strong sense of community and easy access to downtown is undeniable. South Boston spreads across a peninsula just south of Downtown Boston and east of the South End and Dorchester, boasting lovely beaches and waterfront parks. The scenic South Boston Waterfront is up and coming as Boston’s newest hot neighborhood. Already home to the Boston Convention and Exhibition Center, planned development for the Waterfront includes residential, office, retail, and hotel use. The Institute of Contemporary Art, stands as an iconic symbol of the South Boston Waterfront’s endless potential. Despite the recent neighborhood updates, the spirit of old-time-Southie is still alive and evident in the traditions that are carried on to this day.
Young professionals, and long time residents alike mostly reside in the rowhouses, triple deckers, and occasional single family homes that line the streets of Southie. In addition to the breathtaking beaches, Castle Island, a Revolutionary War-era fort and 22-acre park that is connected to the mainland, is located here. The commercial district, including established businesses among new bars, restaurants, and retailers, is built around East and West Broadway. There is an emerging nightlife scene in this area as well. Experience “Southie Pride” in March when city residents flock to the neighborhood to enjoy the annual South Boston St. Patrick’s Day Parade.
The Red Line MBTA Broadway and Andrew stations serve South Boston. Routes SL1 and SL2 of the Silver Line bus rapid transit service go to the South Boston waterfront. Courthouse, World Trade Center, and Silver Line Way stations are served by both routes. The SL2 route continues through South Boston to the Black Falcon Pier, while the SL1 continues to Logan Airport. Routes 5, 7, 9, 10, and 11 also serve South Boston. By Car, Exit 25 of Interstate 90 and Exit 16 of Interstate 93 take you to South Boston.
A nationally recognized leader in the real estate industry. For his innovative real estate sales & marketing skills and strategic thinking, he was chosen to receive the prestigious 30 Under 30 Realtors in America award from Realtor Magazine. He is also frequently cited in local and national news publications, like The Boston Globe, The Wall Street Journal, Boston Magazine, and Banker & Tradesman for his insight and perspective on the Boston real estate market.
P.T. has been in the real estate business since 1999. He was a top producing agent at 3 firms before founding Charlesgate Realty Group. He prides himself on his ability to establish and maintain client relationships and provide a creative service approach. P.T.’s primary roles at Charlesgate are to head business development and lead the residential brokerage and investment/development activities of the firm. P.T. is a member of the Greater Boston, Massachusetts, and National Association of Realtors, and has earned the ABR and CRS designations.
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Using expert local knowledge, education, and advice, paired with an innovative business model, Charlesgate Realty Group has successfully guided over 5000 customers to confident decisions buying, selling, and renting property in the Boston Real Estate Market since 2003.