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339-203-1109
Real Estate Company
510 E Broadway, Boston, MA 02127
- $2,449,900
- 8
- BD
- 5
- BA
- 3,435
- SqFt
- List Price
- $2,449,900
- Days on Market
- 1
- Status
- NEW
- MLS#
- 73595738
- Bedrooms
- 8
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 3,435
- Lot Size (Acres)
- 0.09
- Year Built
- 1935
Property Description
Exceptional investment opportunity in the heart of South Boston! Situated on highly desirable East Broadway, this fully leased four-family property generates an impressive $186,300 in annual rental income, offering investors an attractive opportunity with a cap rate approaching 6%! Renovated in 2020, the property features approximately 3,435 square feet of living space across four residential units, providing immediate rental income. Location is everything, and this property delivers! Just minutes from the Seaport District, Downtown Boston, Financial District, South Boston Waterfront, Castle Island, Carson Beach, and the South End. Enjoy easy access to some of Boston's most popular restaurants, cafés, shops, nightlife, and major employment hubs, along with convenient connections to I-93, I-90, and public transportation. Its proximity to Boston's thriving business districts, waterfront attractions, and neighborhood amenities makes it especially appealing in South Boston's competitive rental market. Combining a prime location, recent renovations, strong rental income, and long-term appreciation potential, 510 East Broadway presents a rare opportunity to acquire a turnkey, income-producing asset in one of Boston's most desirable neighborhoods!
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Additional Information
- Area
- South Boston
- Taxes
- $18,399
- Parking Description
- Off Street, On Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Tynan Elementary
- Middle School
- Condon K-8
- High School
- Excel High School
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Listing courtesy of Listing Agent: Cristofer Aguirre from Listing Office: EVO Real Estate Group, LLC.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.