Major Dorchester asset coming to market. A three-family: 3,505 SF above grade across three 3BR/1BA units, plus an 888.6 SF finished lower level with a full bath. NEW HEATING SYSTEMS. Tenants pay gas, heat, and electric; owner pays water and sewer only. All three tenancies are TENANT AT WILL — NO LEASES IN PLACE.Unit 1 at $2,700. Unit 2 owner-occupied and available at closing ($3,000–$3,200 potential). Unit 3 at $3,000 (potential $3,200). Collected today: $5,700/mo. Market-rate potential: $9,600/mo — $115,200/yr, roughly $46,800 of annual upside. ~7% cap at market rents; ~7.6% at historical rents of $3,400/unit.ADU POTENTIAL: Boston's expanded ADU allowances plus up to $50,000 in City grant dollars put a fourth income stream on the table. Buyer to verify feasibility.LOCATION: A quiet residential side street between Blue Hill Avenue and Harvard Street. One block to the Blue Hill Ave corridor, where the City and MBTA are installing center-running dedicated bus lanes and rebuilt stations. Roughly a quarter mile to Talbot Ave station on the Fairmount Line — commuter rail to South Station. Harambee Park, Franklin Field, and Franklin Park's 527 acres are all close by, with groceries, pharmacy, the Codman Square Health Center, and the Codman Square BPL branch nearby. OWNER-OCCUPANT BUYERS: ONE+ Boston offers 3% down on a three-family with a discounted interest rate and no PMI for eligible first-time buyers. FHA is 3.5% down on buildings up to four units, and NACA is zero down with zero closing costs. All can be paired with down payment assistance and a rate buy-down. Income limits and eligibility apply. Ask the listing agent — we do this every day. Buyer & broker package with rent roll, pro forma, and CMA on request. Join us for the Open House on Friday, September 18th, 2026, from 11:00 PM–12:00 PM
This home has been viewed 7 times
Last Checked: September 25th, 2026 at 8:08am (Source: MLS PIN #73571506)
Gross Income: $68,400
Gross Expenses: $7,228
Net Income Calc: $61,172
Annual Expenses for 38-38A Browning Ave, Boston MA 02124
Total Gross Expenses (Calculated)$7,228/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7228.88
Annual Income & Unit Breakdown for 38-38A Browning Ave, Boston MA 02124
Total Gross Income (Calculated)$68,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 38-38A Browning Ave, Boston MA 02124
Listing ID73571506
Property TypeMulti Family / 3 Family
Price1099999 ($313.84/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Dorchester Center
Neighborhood(s)
Approximate Living Area Total3505
Approximate Lot Size (Acres)0.09
Total Parking0
Garage Parking0
Year Built1940
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning3F-5000
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 38-38A Browning Ave, Boston MA 02124
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsPersonal Belongings.
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 38-38A Browning Ave, Boston MA 02124
Real Estate Taxes7228.88
Tax Year2026
Assessed Value$929,300
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 38-38A Browning Ave, Boston MA 02124
Neighborhood(s)
MLS AreaDorchester's Dorchester Center
Area AmenitiesWalk/jog Trails
Contact Information for 38-38A Browning Ave, Boston MA 02124