$1,350,000
4
Beds
2
Baths
1,945
Living Area
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Property Description
259-261 Emerson is a 2-family located on one most sought after streets in South Boston convenient to the Seaport, Financial District, East Broadway and L Street Beach. The property generates $8,250 per month and is fully leased through 8/31/2027. Unit 1 is a lovely direct-entry 1-bedroom/1bath with a private patio that features a renovated kitchen and bathroom and in-unit laundry. Unit 2 is a direct-entry 3-bedroom/1bath bi-level unit that also has been renovated. This is a great opportunity to invest in arguably the strongest rental market in Boston or take advantage of a future owner-occupied situation.
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Highlights
- Heating: Baseboard, Natural Gas
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Levels: 3
- Property Type: Multi Family
- Total Rooms: 8
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Construction: Frame
- Foundation: Concrete Perimeter, Stone
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Flooring: Hardwood
- Interior Features: Upgraded Cabinets, Upgraded Countertops
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Public School
- Waterfront Features: Bay, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
- Parking Features: On Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,449,900
- Tax Year: 2026
- Total Rent: $8,250
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $18,146
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Marcus & Millichap Real Estate Investment Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.