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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.

More Info

Basic Information

  • Gross Income $51,600
  • Mls StatusNew
  • Parcel Number W:06 P:03003 S:000,1414715

Tax Information

  • Tax Assessed Value $1,945,200
  • Tax Year 2026
  • Taxes$24,120

Parking

  • Parking Spaces4

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 8
  • Bedrooms8
  • Full Bath8

Basic Information

  • List Price$3,899,000
  • MLS Number73599588
  • Modification Date11/05/2026
  • Property SubType5-9 Family

Location

  • Address538 E Broadway
  • Building Number538
  • CountySuffolk
  • NeighborhoodSouth Boston
  • StateMA
  • StreetE Broadway
  • SubdivisionSouth Boston
  • TownBoston
  • Zip02127

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationBrick/Mortar
  • Levels 5
  • Rooms20
  • Stories5
  • Units8
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Appraiser

Property

  • Acreage0.06

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,292
  • Lot Size Square Feet 2,666
  • Lot Size Units Acres
  • Square Feet3,292
  • View YN Yes

Water Body

  • Miles to Beach0.3
  • Waterfront Features 1/10 to 3/10 To Beach

Legal

  • ZoningA

Other

  • Date Listed11/06/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Ryan Foley of Greater Metropolitan R. E.

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