510 E Broadway, Boston, MA 02127
$2,449,900 · For sale
- 3,435 sq ft
- Multi-Family
- Built 1935
- MLS #73595738
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!
About this address
510 E Broadway is a multi-family home for sale in Boston, MA 02127 with 3,435 square feet, asking $2,449,900. It was built in 1935. It has been on our site since October 27, 2026.
At $713 a square foot, it compares with a median of $417 among the 293 other multi-family homes for sale in Boston with a stated size.
The whole property at this address is assessed at $1,445,500 for fiscal year 2023. It last sold for $1,500,000 in March 2020. The assessor lists a lot of 0.09 acres.
It scores 99 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Andrew (MBTA Red Line), about 0.8 miles away. The closest bus stop is E Broadway @ G St (MBTA routes 9, 10), under 0.1 miles away.
The closest public schools by level are Tynan Elementary School (0.3 miles) and Excel High School (0.2 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73595738, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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