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Exceptional South Boston 3-family multifamily investment offering a strong 6.4% Cap Rate, proven rental demand, and a rare combination of prime location, strong layout, and solid ROI! This turnkey three unit property features a highly efficient configuration of (1) 3 bed/2 bath and (2) 4 bed/2 bath units totaling 11 bedrooms and 6 full baths, maximizing income potential with strong, high-demand layouts. Fully renovated in 2016, each unit showcases modern finishes including gleaming hardwood floors, stainless steel appliances, in-unit laundry, and private decks/balconies. Premier location just minutes to the Seaport, Downtown Boston, Logan Airport, MBTA Red Line (Broadway/Andrew), beaches, parks, and East Broadway dining, making this a rare opportunity in one of Boston's strongest rental markets.

More Info

Basic Information

  • Gross Income $175,200
  • Mls StatusActive
  • Parcel Number W:06 P:02264 S:000,1411886
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

  • Tax Assessed Value $2,143,600
  • Tax Year 2025
  • Taxes$24,823

Parking

  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms11
  • Full Bath6

Basic Information

  • List Price$2,650,000
  • MLS Number73518512
  • Modification Date05/19/2026
  • Property SubType3 Family

Location

  • Address165 Emerson Street
  • Building Number165
  • CountySuffolk
  • NeighborhoodSouth Boston
  • StateMA
  • StreetEmerson Street
  • SubdivisionSouth Boston
  • TownBoston
  • Zip02127

Building

  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Levels 5
  • Patio And Porch Features Deck
  • Rooms18
  • Stories5
  • Units3
  • Utilities For Gas Range, For Gas Oven
  • Window Features Picture Window, Box/Bay/Bow Window(s)
  • Year Built1910
  • Year Built Details Approximate, Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.04

Interior

  • Flooring Tile, Hardwood, Stone/Ceramic Tile
  • Interior Features
    • Bathroom With Tub
    • Bathroom with Shower Stall
    • Kitchen
    • Living Room
    • Remodeled
    • Stone/Granite/Solid Counters

Exterior

  • Exterior Features Balcony/Deck, Balcony
  • RoofRubber

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,324
  • Lot Size Square Feet 1,742
  • Lot Size Units Acres
  • Square Feet3,324
  • View YN Yes

Amenities

  • Amenities
    • House of Worship
    • Medical Facility
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Appliances IncludedRange, Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Microwave

Legal

  • ZoningR3

Other

  • Date Listed05/13/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Rose Hall of Blue Ocean Realty,LLC

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