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38 Frankfort Street, Boston MA 02128

Boston, MA 02128
$1,850,000
Est. $11,684/month
11
Beds
3
Baths
4,167
Sq Ft
$444
Price/Sq Ft
0.08
Acres
1905
Year Built
40
Days on Market
Active Listed May 30, 2026 • MLS# 73527015 Copied! • Updated Jun 18, 2026

About this home

38 Frankfort Street, situated in an incredible urban infill location in Jeffries Point, is a desirable, brick multi-story building containing three (3) units with two (2) 4-Bedroom/1-Bathroom units and one (1) 3+-Bedroom/1-Bathroom unit with 4,167 square feet of gross living area in 6,060 square feet of gross area situated upon a 0.08-acre parcel. All units’ feature condo quality finishes with newer kitchens with granite countertops, cabinetry and stainless-steel appliances with dishwashers, renovated bathrooms, hardwood floors throughout and individual laundry. Tenants are responsible for ALL utilities at the Property, including gas powered heat & hot water, separately metered electricity, and city water & sewer. Property is currently assessed at $2,043,400 as Three (3) Condos. Opportunity exists to increase income by converting back into a 3-Unit property and potentially reducing taxes.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 30, 2026
$1,850,000
Original listing
Agent: Kelleher - Pentore Team Office: Horvath & Tremblay

Tax History

Year Taxes Assessment
2026 $25,554 $2,043,400

Financial Details

Annual Property Tax
$25,554
Tax Year 2026
Assessed Value
$2,043,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1905
Living Area 4,167 sq ft
Lot Size 0.08 acres
Bedrooms 11
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent $3,600/mo · Y
Unit 2 Rent $4,100/mo · Y
Unit 3 Rent $4,400/mo · Y
Total Monthly Rent $12,100/mo
Gross Income $145,200
Net Operating Income $106,040
Operating Expenses $39,160
Cap Rate 5.73%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $25,554
Assessed Value $2,043,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1905
Bedrooms
11
Full Bathrooms
3
Living Area
4,167 sq ft
Total Rooms
17
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,130
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

38 Frankfort Street, Boston MA 02128

Boston, MA 02128

Listing Information

Listing Agent Kelleher - Pentore Team
Listing Office Horvath & Tremblay
Office Phone 781-776-4000
Agent MLS ID TM359859
Office MLS ID AN2723
Listing Data Updated Jun 18, 2026 9:24 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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38 Frankfort Street, Boston MA 02128 - Photo 1 38 Frankfort Street, Boston MA 02128 - Photo 2 38 Frankfort Street, Boston MA 02128 - Photo 3 38 Frankfort Street, Boston MA 02128 - Photo 4 38 Frankfort Street, Boston MA 02128 - Photo 5 38 Frankfort Street, Boston MA 02128 - Photo 6 38 Frankfort Street, Boston MA 02128 - Photo 7 38 Frankfort Street, Boston MA 02128 - Photo 8 38 Frankfort Street, Boston MA 02128 - Photo 9 38 Frankfort Street, Boston MA 02128 - Photo 10 38 Frankfort Street, Boston MA 02128 - Photo 11 38 Frankfort Street, Boston MA 02128 - Photo 12 38 Frankfort Street, Boston MA 02128 - Photo 13 38 Frankfort Street, Boston MA 02128 - Photo 14
Steven Novak

Steven Novak

BMN Boston Real Estate

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