Active
231 Days on market
33-39 Ward St. Boston — Photo 1 of 25

33-39 Ward St. Boston — Photo 1 of 25

$9,850,000

33-39 Ward St., Boston, MA 02127

Boston, MA 02127 — South Boston

Beds

--

Baths

--

SqFt

16,389

Style

Other

Built

2021

Offered without pricing - interested buyers can request guidance. Motivated seller. Offering turnkey investment value in this modern, elevator-served multifamily building delivered in Dec 2021 and fully stabilized at 100% occupancy, offered at approximately 6% cap rate. Features a condo-conversion flip exit strategy. The 14-unit property includes a highly desirable mix dominated by spacious 2BR/2BA residences plus one oversized 4BR unit. All units offer contemporary layouts with in-unit W/D, central A/C, individual HVAC, and high-quality finishes including quartz countertops and wide-plank flooring. Select units feature private balconies. Additional amenities include secure garage parking for 15 vehicles and low-maintenance new construction for ease of ownership. Ideally located steps from the Red Line, I-93, and minutes to the Seaport, Downtown Boston, and major employment hubs. Strong in-place income with upside to market rents in one of Boston's most supply-constrained, high-demand submarkets. Buyer's agents compensated details on request.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$601/sqft
Local Avg (Boston)$793/sqft
24% BelowMarket Average

* Analysis is based on 12 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$10,490,000
Annual Taxes$74,929

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningA

Property & Lot

Acres0.14
SqFt Lot5,924
Lot Features--

Geography

Property History

Price Increase
$9,850,000

Was $1

Sep 22, 2026

MLS® 73474379

Price Drop
$1

Was $9,999,000

Sep 18, 2026

MLS® 73474379

Price Drop
$9,999,000

Was $10,490,000

Jun 5, 2026

MLS® 73474379

Listed
$10,490,000

Feb 4, 2026

MLS® 73474379

Listed
$9,850,000

Feb 4, 2026

MLS® 73474378

Population

36,769

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$164K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

54.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Easter Entwistle Advisors

Listing Office: Douglas Elliman Real Estate - Park Plaza

MLS® Number: 73474379

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