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You are here:
144 Days on Boston Pads
19 Photos
$6,200,000
12 Unit
20 Beds
12 Baths
11070 SQFT
0.14 Acre
1-4 Schrepel Pl
Boston, MA 02127

Property Description

1-4 Schrepel Pl consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. The subject property is ideal for a potential buyer looking for income growth and strong investment returns in an exceptional, urban-infill location.

Property Overview

Building Information

  • Total Units: 12
  • Total Floors: 3
  • Total Bedrooms: 20
  • Total Full Baths: 12
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Public Transportation, Shopping, T-Station, University

Financial

  • APOD Available: Yes
  • Gross Operating Income: 458576
  • Gross Expenses: 100634
  • Net Operating Income: 357942

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73404175
  • Last Updated: 11/03/25

Date Event Price Price/Sq Ft Source
11/03/2025Active$6,200,000$560MLSPIN
10/30/2025Extended$6,200,000$560MLSPIN
10/03/2025Active$6,200,000$560MLSPIN
09/29/2025Extended$6,200,000$560MLSPIN
08/29/2025Active$6,200,000$560MLSPIN
08/25/2025Extended$6,200,000$560MLSPIN
07/18/2025Active$6,200,000$560MLSPIN
07/14/2025New$6,200,000$560MLSPIN
03/30/2024Expired$6,300,000$569MLSPIN
02/29/2024Temporarily Withdrawn$6,300,000$569MLSPIN
02/26/2024Extended$6,300,000$569MLSPIN
02/05/2024Active$6,300,000$569MLSPIN
02/01/2024Reactivated$6,300,000$569MLSPIN
02/01/2024Expired$6,300,000$569MLSPIN
12/19/2023Active$6,300,000$569MLSPIN
12/15/2023New$6,300,000$569MLSPIN
12/04/2023Killed$1$0MLSPIN
12/04/2023Killed$1$0MLSPIN
11/30/2023Temporarily Withdrawn$1$0MLSPIN
11/27/2023New$1$0MLSPIN

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View Breakdown

Map & Resources

Tynan Elementary School

Public Elementary School, Grades: PK-6

0.13mi

St Peter Academy

Private School, Grades: K - 8

0.25mi

South Boston Catholic Academy

Private School, Grades: PK-5

0.41mi

South Boston Catholic Academy

Private School, Grades: PK-8

0.41mi

Excel High School

Public Secondary School, Grades: 9-12

0.45mi

Murphy's Law

Bar

0.14mi

Stats Bar & Grille

Bar

0.4mi

Shamrock Pub

Bar

0.42mi

Molly Moo's

Ice Cream (Cafe)

0.11mi

Starbucks

Coffee Shop

0.13mi

Boston Bagel Company

Sandwich (Cafe)

0.14mi

Roza Lyons

Restaurant

0.09mi

Village Pizza & Grill

Italian Restaurant

0.12mi

Boston Police Harbor Unit

Local Police

0.49mi

Boston Fire Department Engine 2, Ladder 19

Fire Station

0.12mi

The Distillery Gallery

Gallery

0.23mi

Lincoln Square

Park

0.22mi

Medal of Honor Park

Municipal Park

0.22mi

Christopher Lee Playground

Municipal Park

0.23mi

East First Street Dog Park

Park

0.3mi

Thomas J. Butler Memorial Park

Park

0.36mi

Thomas Park

National Park

0.45mi

East First Street Dog Park

Dog Park

0.31mi

South Boston Bowlarama

Bowling Alley

0.26mi

Bank of America

Bank

0.42mi

Ottavio's Barber Shop

Hairdresser

0.39mi

South Boston Branch Library

Library

0.08mi

The Island Store

Convenience

0.37mi

Stop & Shop

Supermarket

0.1mi

E Broadway @ K St

10
9

0.07mi

E Broadway @ K St

10
9

0.08mi

L St @ E 3rd St

7

0.11mi

E Broadway @ L St

10
9

0.12mi

L St @ E 2nd St

7

0.12mi

L St @ Broadway

7
9

0.12mi

E Broadway @ L St

10
9

0.13mi

E Broadway @ I St

10
9

0.13mi

Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
MLS ID#: 73404175

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-03 03:05:00