Exceptional South Boston 3-family multifamily investment offering a strong 6.4% Cap Rate, proven rental demand, and a rare combination of prime location, strong layout, and solid ROI! This turnkey three unit property features a highly efficient configuration of (1) 3 bed/2 bath and (2) 4 bed/2 bath units totaling 11 bedrooms and 6 full baths, maximizing income potential with strong, high-demand layouts. Fully renovated in 2016, each unit showcases modern finishes including gleaming hardwood floors, stainless steel appliances, in-unit laundry, and private decks/balconies. Premier location just minutes to the Seaport, Downtown Boston, Logan Airport, MBTA Red Line (Broadway/Andrew), beaches, parks, and East Broadway dining, making this a rare opportunity in one of Boston’s strongest rental markets.
This home has been viewed 7 times
Last Checked: June 17th, 2026 at 4:29am (Source: MLS PIN #73518512)
Gross Income: $175,200
Gross Expenses: $32,081
Net Income Calc: $143,119
Water Views
Annual Expenses for 165 Emerson St, Boston MA 02127
Total Gross Expenses (Calculated)$32,081/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax24823
Annual Income & Unit Breakdown for 165 Emerson St, Boston MA 02127
Total Gross Income (Calculated)$175,200
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 165 Emerson St, Boston MA 02127
Listing ID73518512
Property TypeMulti Family / 3 Family
Price2650000 ($797.23/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaSouth Boston
Neighborhood(s)
Approximate Living Area Total3324
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 165 Emerson St, Boston MA 02127
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data SourceEstimated
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 165 Emerson St, Boston MA 02127
Real Estate Taxes24823
Tax Year2025
Assessed Value$2,143,600
Financial Data SourceEstimated
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 165 Emerson St, Boston MA 02127
Neighborhood(s)
MLS AreaSouth Boston
Area AmenitiesWalk/jog Trails
Contact Information for 165 Emerson St, Boston MA 02127