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510 E Broadway

Boston MA 02127

8
5
3435 sq. ft.
3740 sq. ft.
Other
Currently for sale - view listing

Overview

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!

Features

8 bedrooms
5 bathrooms
3435 sq. ft. floor area
3740 sq. ft. lot size
Other

Property history for 510 E Broadway

2019
Sold
$900,000
13 Dec 2019 by Lynn Hollenbeck, of Seaport Realty Group

Happy sellers in Boston

100%
100% of sellers in Boston reported that their sale price either exceeded or met their price expectations.

Boston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Boston over the last 12 months.

Local market activity for 8 bedroom other properties in Boston

In the last 12 months, 8 eight-bedroom other properties similar to 510 E Broadway, have been sold.

This represents a 166% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

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