255 W Third Boston — Photo 1 of 29
$2,425,000
Investment Analysis — 255 W Third
Boston, MA 02127 — South Boston
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02127 carries an estimated $5,020/mo in gross rent — about a 1.14% cap rate and $27,546/yr in estimated NOI at the $2,425,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
2,309
Style
Single Family
Built
1900
One year young and in a class of its own, this stunning South Boston townhome greets you with designer finishes at every turn. Marble foyer entry with coat & shoe closet leads you to the entertaining level; chef’s kitchen with superior inset custom cabinetry featuring the interior organization you dream of; Subzero and Wolf integrated appliances, Statuario Vagli marble countertops and backsplash & island with seating for four. Adjacent pantry and bar nook with Subzero wine fridge. Space for full formal dining and living room with fireplace and gorgeous built-in. Exquisite powder room with Calacatta Viola sink. All this and herringbone hardwood floors and custom railings with matching baby/pet gate. Second level features a primary suite with enviable walk-in closet and spa-like primary bath with Carrara marble, Robern medicine cabinets and soaking tub - front facing 2nd bedroom perfect for office or nursery. Upper level features two additional bedrooms, both with ensuite baths. Glorious private roof deck with panoramic cityscape views. Restoration Hardware lighting and custom window treatments throughout. Private, deeded dog run and direct access to private garage parking and parking for an additional TWO cars. All in the center of South Boston, minutes to South Boston’s best dining, Seaport, MBTA and freeways.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,309 sq ft principal dwelling). Lot size: 999 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Amenities & Appliances
Electric Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood
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Listing Agent: Kyle Kaagan Team
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73581366