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538 E Broadway, Boston, MA 02127

$3,899,000
•
  • 8

    bed

  • 8

    bath

  • 3,292

    Sqft ($1,184/Sqft)

Multi-family for sale 11 hours

About 538 E Broadway

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 2,666 Sqft
Movoto estimate
Property description
Prime 8-unit brownstone with parking! Located in the heart of one of the most sought-after neighborhoods, 538 East Broadway presents a rare opportunity to acquire a legacy asset that offers both character and long-term value grossing over $240,000 per year with room to increase. This classic brick brownstone features 8 well-maintained residential units, each reflecting the timeless charm and architectural details that make these properties so desirable. The building’s solid brick construction ensures both durability and aesthetic appeal, while the generous 8-unit configuration provides the perfect balance of income potential and livability. Additionally, the property includes the coveted bonus of on-site parking, a true rarity in this prime location. This is an ideal opportunity for savvy investors looking to capitalize on a high-demand area with enduring value. Easy access to local amenities, transit, and vibrant neighborhood restaurants and hotspots.
Listed by
Listing Agent - Ryan Foley
Listing Office - Greater Metropolitan R. E.
Source: MLS Property Information Network, Inc. mls logo
MLS#73599588 • last updated 11 hours ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
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Overview
Levels/Style 5, 5
MLS # 73599588
Type Residential Income
Status Active
SubType 5-9 Family
SqFt 3292
Lot Size (SqFt) 2666
Lot Size (Acres) 0.06
Annual Property Tax 24120
Year Built 1920
Interior
Total # of Bathrooms 8
# Full Baths 8
Total # of Bedrooms 8
Total # of Rooms 20
Exterior
Foundation Brick/Mortar
Construction Brick
# Parking Spaces 4
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
View City View(s)
Waterfront 1/10 To 3/10 To Beach
County Suffolk
Zoning A
APN W:06 P:03003 S:000, 1414715
Directions Use GPS
Multifamily Details
Net Operating Income 51600
Total Actual Rent 20150
Gross Income 51600
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Around Telegraph Hill

Explore everything this neighborhood has to offer. Learn more about Telegraph Hill.
78/100
Walk
59/100
Family
98/100
Dining
100/100
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  • Real Estate
  • MA
  • Suffolk County
  • Boston
  • 02127
  • Telegraph Hill
  • 538 E Broadway

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