$2,449,900
8
Beds
5
Baths
3,435
Living Area
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Property Description
Exceptional investment opportunity in the heart of South Boston! Situated on highly desirable East Broadway, this fully leased four-family property generates an impressive $186,300 in annual rental income, offering investors an attractive opportunity with a cap rate approaching 6%! Renovated in 2020, the property features approximately 3,435 square feet of living space across four residential units, providing immediate rental income. Location is everything, and this property delivers! Just minutes from the Seaport District, Downtown Boston, Financial District, South Boston Waterfront, Castle Island, Carson Beach, and the South End. Enjoy easy access to some of Boston's most popular restaurants, cafés, shops, nightlife, and major employment hubs, along with convenient connections to I-93, I-90, and public transportation. Its proximity to Boston's thriving business districts, waterfront attractions, and neighborhood amenities makes it especially appealing in South Boston's competitive rental market. Combining a prime location, recent renovations, strong rental income, and long-term appreciation potential, 510 East Broadway presents a rare opportunity to acquire a turnkey, income-producing asset in one of Boston's most desirable neighborhoods!
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Highlights
- Area: South Boston
- Property Class: Residential Income
- Stories: 3
- Year Built: 1935
- Levels: 3
- Property Type: 4 Family
- Total Rooms: 17
- Status: Active
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Additional Details
- Flooring: Wood, Tile
- Lot Features: Corner Lot
- Roof: Shingle, Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
- Foundation: Block, Stone, Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Approximate
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Shopping, Public School, T-Station
- Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
- Parking Features: Off Street, On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,483,800
- Taxes: $18,399
- Tax Year: 2026
- Total Rent: $15,525
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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 EVO Real Estate Group, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.