533 Washington Street, Boston MA 02124

Boston, MA 02124 • Dorchester
$2,750,000
Est. $14,939/month
12
Beds
10
Baths
6,000
Sq Ft
$458
Price/Sq Ft
0.14
Acres
2026
Year Built
5
Parking
20
Days on Market
For Sale Listed Jul 22, 2026 • MLS# 73553775 Copied! • Updated Jul 26, 2026

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About this home

533 Washington Street presents a rare opportunity to acquire a true trophy asset in the heart of Dorchester. This stunning Victorian has been completely gut renovated into a five-unit, condo-quality investment, blending timeless architecture with the efficiency and reliability of brand-new construction. The property is ideally located moments from Codman Square, historic Melville Avenue, and just .4 miles to the Shawmut Red Line MBTA. Investors will love the brand new sprinkler and fire alarm systems. Outside, newly completed landscaping enhances curb appeal, while a newly installed five-car driveway provides a rare amenity in this location, offering valuable tenant convenience and the potential for additional parking income. This is a standout opportunity for investors seeking a premier Dorchester asset with long-term appreciation potential.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 23, 2026
$2,750,000
Original listing
Agent: Zachary Feldshuh Office: Choose Boston, LLC

Tax History

Year Taxes Assessment
2026 $9,999 $999,999

Financial Details

Annual Property Tax
$9,999
Tax Year 2026
Assessed Value
$999,999

Facts & Features

New Construction

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 2026
Living Area 6,000 sq ft
Lot Size 0.14 acres
Bedrooms 12
Full Baths 8
Half Baths 4
Total Rooms 37

Investment Metrics

Units 5
Unit 1 Rent $4,000/mo · N
Unit 2 Rent $4,000/mo · N
Unit 3 Rent $2,800/mo
Unit 4 Rent $2,800/mo
Total Monthly Rent $13,600/mo
Gross Income $201,600
Net Operating Income $177,000
Operating Expenses $24,600
Water/Sewer Expense $2,400
Electric Expense $600
Insurance Expense $3,600
Cap Rate 6.44%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle, Slate, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street, Assigned, Deeded, Paved
Total Spaces 5
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,999
Assessed Value $999,999
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Taxes Are Tbd. Co Not Yet In Hand, But Expected Any Day. Rents Are Projected. As Built Plans Have Not Been Finalized, So Square Footage Is Estimated. See Pro Forma In The Attached Feature Sheet. Listing Agent Has An Interest In The Property.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Sq Ft Disclosures Final as built plans TBD. Sq footage is approximate.
Documents None
County Suffolk
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
2026
Bedrooms
12
Full Bathrooms
8
Half Bathrooms
4
Living Area
6,000 sq ft
Total Rooms
37
Stories
7
Levels
7

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 2026
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Slate, Rubber
Foundation: Granite
Stories: 7

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Assigned, Deeded, Paved

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 $833
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

Dorchester

533 Washington Street, Boston MA 02124

Boston, MA 02124

Listing Information

Listing Agent Zachary Feldshuh
Listing Office Choose Boston, LLC
Office Phone 617-388-9336
Agent MLS ID CN244688
Office MLS ID AN7367
Listing Data Updated Jul 26, 2026 3:06 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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