538 E Broadway, Boston MA 02127

Boston, MA 02127 • South Boston
$3,899,000
Est. $21,925/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8
Beds
8
Baths
3,292
Sq Ft
$1,184
Price/Sq Ft
0.06
Acres
1920
Year Built
4
Parking
New today
Time on Market
For Sale Listed Nov 5, 2026 • MLS# 73599588 Copied! • Updated Nov 5, 2026

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About this home

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.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 6, 2026
$3,899,000
Original listing
Agent: Ryan Foley Office: Greater Metropolitan R. E.

Tax History

Year Taxes Assessment
2026 $24,120 $1,945,200

Financial Details

Annual Property Tax
$24,120
Tax Year 2026
Assessed Value
$1,945,200

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 3,292 sq ft
Lot Size 0.06 acres
Stories 5
Bedrooms 8
Full Baths 8
Total Rooms 20

Investment Metrics

Units 8
Unit 1 Rent $2,150/mo · Y
Unit 2 Rent $2,150/mo · Y
Total Monthly Rent $4,300/mo
Gross Income $51,600
Net Operating Income $51,600
Cap Rate 1.32%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $24,120
Assessed Value $1,945,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
8
Full Bathrooms
8
Living Area
3,292 sq ft
Total Rooms
20
Stories
5
Levels
5

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Brick
Roof:
Foundation: Brick/Mortar
Stories: 5

Utilities & Systems

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: 4
Parking Features:

Special Features

View: Yes
View Type: City View(s)
Community Amenities:

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
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,010
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

South Boston

538 E Broadway, Boston MA 02127

Boston, MA 02127

Listing Information

Listing Agent Ryan Foley
Listing Office Greater Metropolitan R. E.
Office Phone 617-523-2505
Agent MLS ID NB110111
Office MLS ID NB1092
Listing Data Updated Nov 5, 2026 11:09 PM EST
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
BMN Boston Powered by SERHANT
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