Fully occupied, exceptional opportunity for the savvy investor or 1031 buyer! This large 3-family is centrally located - just 1 block from all E Broadway has to offer and a close proximity to M St beach and Castle Island. First floor unit is a spacious 2 bedroom, 1 full bathroom apartment with a separate living room, kitchen/dining room, laundry room, hardwood flooring throughout, and an oversized rear deck overlooking a fenced-in yard perfect for your furry friends. Units 2 and 3 are both 3 bedroom, 1 bathroom floor-through apartments with laundry in-unit, original hardwood flooring, and an oversized rear private deck! This property has separate gas and electrical meters which produce heat and hot water. All units are rented through August 31, 2026. If looking for a quality 3-family with great rental income or want to condo convert, look no further!
This home has been viewed 70 times
Last Checked: April 2nd, 2026 at 4:29am (Source: MLS PIN #73471649)
Gross Income: $164,400
Gross Expenses: $22,250
Net Income Calc: $142,150
Water Views
Annual Expenses for 194 Emerson St, Boston MA 02127
Total Gross Expenses (Calculated)$22,250/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax22250
Annual Income & Unit Breakdown for 194 Emerson St, Boston MA 02127
Total Gross Income (Calculated)$164,400
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 194 Emerson St, Boston MA 02127
Listing ID73471649
Property TypeMulti Family / 3 Family
Price2325000 ($675.87/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total3440
Approximate Lot Size (Acres)0.05
Total Parking0
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 194 Emerson St, Boston MA 02127
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer Negotiable
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 194 Emerson St, Boston MA 02127
Real Estate Taxes22250
Tax Year2026
Assessed Value$1,777,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 194 Emerson St, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area Amenities
Contact Information for 194 Emerson St, Boston MA 02127