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16 Atlantic St
Multi-Family
New
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$1,799,000

$783/sqft

16 Atlantic St, Boston

Great $/sqft
6 bd·3 ba·2,298 sqft
Built 18902,000 sqft lotSouth Boston

16 Atlantic St, Boston, MA

6 bd · 3 ba · 2,298 sqft Multi-Family listed at $1,799,000, built in 1890 in the South Boston neighborhood.

About this home

Turnkey investment opportunity in the highly desirable South Boston market. 16 Atlantic is a spacious 5-bedroom, 3-bath multi-family property offering strong income potential and long-term appreciation in one of Boston's most sought-after rental locations.The property features a flexible layout ideal for maximizing rental yield, with generously sized bedrooms and multiple full baths that appeal to today's tenant demand. Well-maintained interiors and functional unit separation make for efficient management and consistent occupancy. The surrounding neighborhood continues to see strong growth, making this an excellent opportunity for both cash flow and equity appreciation. Ideal for investors seeking a stable asset in a high-demand urban market. Leases renewed through August 2027 with Unit 1 increasing to $3500 and Unit 2 increasing to $6000

Property details

Price
$1,799,000
Bedrooms
6
Bathrooms
3
Interior
2,298 sqft
Price / sqft
$783
Year built
1890
Lot size
2,000 sqft
Type
Multi-Family
Days on market
19
Est. property tax
$21,588/yr · $1,799/mo · 1.2% MA avg

Estimated monthly payment

Down payment20% ($359,800)
Interest rate6.75%
Principal & Interest$9,335
Property Tax$1,649
Insurance$150
Total$11,134/mo

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Price history

$1.88M$1.39M$893K$1.20M on Nov 22 (Initial list)$975K on Jan 23 (Sold)$1.60M on Mar 24 (Initial list)$1.60M on Apr 24 (Price change)$1.60M on May 24 (Price change)$1.59M on Jun 24 (Initial list)$1.58M on Nov 24 (Sold)$1.80M on Apr 26 (Initial list)
$1.20M · Nov 22$1.80M · Apr 26
  1. Apr 7, 2026$1,799,000Initial list price
  2. Nov 4, 2024$1,585,000Sold
  3. Jun 9, 2024$1,595,000Initial list price
  4. May 1, 2024$1,599,999Price change
  5. Apr 16, 2024$1,599,999Price change
  6. Mar 1, 2024$1,599,999Initial list price
  7. Jan 12, 2023$975,000Sold
  8. Nov 9, 2022$1,200,000Initial list price

Location

This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.

About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.

Location

Map of 16 Atlantic St, Boston
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Home Intelligence

Neighborhood (zip 02127)

This neighborhood is highly educated (45% hold a bachelor's degree). Median age is 32.4; 45% of homes are owner-occupied; median household income is $145,357.

Median income
$145,357
Median age
32.4
Owner-occupied
44.5%
Bachelor's degree
44.6%
Census median home value
$818,200

Source: US Census Bureau American Community Survey 5-year estimates.

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