533 Washington Street presents a rare opportunity to acquire a true trophy asset in the heart of Dorchester. This stunning Victorian has been completely gut renovated into a five-unit, condo-quality investment, blending timeless architecture with the efficiency and reliability of brand-new construction. The property is ideally located moments from Codman Square, historic Melville Avenue, and just .4 miles to the Shawmut Red Line MBTA. Investors will love the brand new sprinkler and fire alarm systems. Outside, newly completed landscaping enhances curb appeal, while a newly installed five-car driveway provides a rare amenity in this location, offering valuable tenant convenience and the potential for additional parking income. This is a standout opportunity for investors seeking a premier Dorchester asset with long-term appreciation potential.
This home has been viewed 9 times
Last Checked: July 26th, 2026 at 6:43pm (Source: MLS PIN #73553775)
Gross Income: $163,200
Gross Expenses: $16,599
Net Income Calc: $146,601
Annual Expenses for 533 Washington Street, Boston MA 02124
Total Gross Expenses (Calculated)$16,599/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9999
Annual Income & Unit Breakdown for 533 Washington Street, Boston MA 02124
Total Gross Income (Calculated)$163,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent Includes
General Information for 533 Washington Street, Boston MA 02124
Listing ID73553775
Property TypeMulti Family
Price2750000 ($458.33/SqFt)
Style5+ Family - 5+ Units Up/down
CityBoston
CountySuffolk
MLS AreaDorchester
Neighborhood(s)
Approximate Living Area Total6000
Approximate Lot Size (Acres)0.14
Total Parking5
Garage Parking0
Year Built2026
Year Built SourceBuilder
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningMFR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 533 Washington Street, Boston MA 02124
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
ExclusionsElectric Fireplace
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 533 Washington Street, Boston MA 02124
Real Estate Taxes9999
Tax Year2026
Assessed Value$999,999
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 533 Washington Street, Boston MA 02124
Neighborhood(s)
MLS AreaDorchester
Area Amenities
Contact Information for 533 Washington Street, Boston MA 02124