595 East 5th Street, Boston MA 02127

Boston, MA 02127 • South Boston
$1,599,000
$1,575,000
Est. $9,314/month
6
Beds
4
Baths
2,400
Sq Ft
$656
Price/Sq Ft
0.02
Acres
1900
Year Built
40
Days on Market
For Sale Price Drop -$24,000 Listed Jul 16, 2026 • MLS# 73550870 Copied! • Updated Aug 22, 2026

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About this home

Fully renovated three-family brick in South Boston's coveted City Point, delivered turnkey and stabilized with new September leases. 6 bedrooms and 4 bathrooms across three units, generating a $10,650/month gross rent roll ($127,800/year) with upside at the next renewal cycle ($3,850 + $3,400 + $3,400).Unit 1 is a spacious 2-bed/2-bath duplex with a private deck and mini-split system; Units 2 and 3 are each 2-bed/1-bath. Every unit shines with updated kitchens and baths, vinyl flooring, and in-unit laundry.Unbeatable location — two blocks to M Street Beach and Pleasure Bay, three blocks to East Broadway's shops and restaurants. MBTA bus routes 7, 9, and 11 reach Broadway Station on the Red Line (~10 min to South Station), and the Seaport is a 5-minute drive. Turnkey income and a lifestyle address in one — don't miss the second chance!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.5%
Price Range

Property Timeline

Price Reduced
Aug 18, 2026
$1,575,000 $24,000 (-1.5%)
From $1,599,000 to $1,575,000 (-1.5%)
🏠
Listed for Sale
Jul 16, 2026
$1,599,000
Original listing
Office: Grove Property Group

Tax History

Year Taxes Assessment
2026 $13,805 $1,192,000

Financial Details

Annual Property Tax
$13,805
Tax Year 2026
Assessed Value
$1,192,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,400 sq ft
Lot Size 0.02 acres
Stories 4
Bedrooms 6
Full Baths 4
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent $3,850/mo · Y
Unit 2 Rent $3,400/mo · Y
Unit 3 Rent $3,400/mo · Y
Total Monthly Rent $10,650/mo
Gross Income $127,800
Net Operating Income $105,428
Operating Expenses $22,372
Cap Rate 6.69%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partially Finished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,805
Assessed Value $1,192,000
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 Other
Sq Ft Disclosures ESTIMATE NOT MEASURED
Documents None
County Suffolk
Total market time (incl. prior listings) 37 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Living Area
2,400 sq ft
Total Rooms
12
Stories
4
Levels
4

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 4

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: Other
Road Surface:

Parking & Garage

Parking Features:
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

3 schools
Tynan Elementary
0.1 mi
F
Tynan Elementary School
0.1 mi | #816 of 824 | Score: 24.8
Dropped 23 spots from last year
-33.5 below state avg
227 students Very Diverse
Diverse Student Body
Grades PK-06
South Boston Catholic Academy
0.4 mi
Grades PK-05
M

Middle Schools

3 schools
Middle School Academy
0.7 mi
UP Academy
0.7 mi
McCormack Middle
1.2 mi
H

High Schools

3 schools
F
Excel High School
0.4 mi | #332 of 346 | Score: 26.2
Improved 28 spots from last year
-32.1 below state avg
301 students Very Diverse
11 sports • 241 athletes
Rising School Diverse Student Body
Grades 10-12
Excel High
0.4 mi
F
Boston Collaborative High School
0.7 mi | #389 of 346 | Score: 22.8
Dropped 2 spots from last year
210 students Diverse
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,150
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

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Current Rate
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+0.5% Rate
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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

595 East 5th Street, Boston MA 02127

Boston, MA 02127

Listing Information

Listing Agent GPG Team
Listing Office Grove Property Group
Office Phone 617-812-9035
Agent MLS ID TM353587
Office MLS ID AN7879
Listing Data Updated Aug 22, 2026 3:05 AM 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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Steve Novak Real Estate
Steve Novak Real Estate
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