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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 3,324 sqft |
| Lot size | 1,742 sqft |
| Year built | 1910 |
| Price / sqft | $797 |
| County | Suffolk |
| MLS # | 73518512 |
Listing status
| Days on market | 24 days |
| Listed on | May 13, 2026 |
Taxes & financials
| Annual property tax | $24,823 |
| Tax year | 2025 |
| Assessed value | $2,143,600 |
| Zoning | R3 |
| Gross income (actual) | $175,200/yr |
| Net operating income (actual) | $167,942/yr |
| Total actual rent | $14,600/mo |
| Insurance expense | $3,800/yr |
Building & lot
| Stories | 5 |
| Total rooms | 18 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Brick/Mortar |
| Roof | Rubber |
| Flooring | Tile, Hardwood, Stone/Ceramic Tile |
Utilities & systems
| Heating | Baseboard |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
| Appliances | Range, Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Microwave |
Location
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Listing courtesy of Blue Ocean Realty, LLC — Rose Hall. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 165 Emerson St, Boston MA 02127 have?
It is a 3-unit multi-family property with 3,324 sqft of living area, built in 1910.
How long has 165 Emerson St, Boston MA 02127 been on the market?
165 Emerson St, Boston MA 02127 has been listed for 24 days (since May 13, 2026).
What is the estimated cap rate on this 3-family in Boston?
Based on area median rents, the estimated cap rate is about 2.9%, with a Signal Score of 58/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,650,000 across 3 units, that works out to roughly $883,333 per unit.
What are the property taxes on 165 Emerson St, Boston MA 02127?
Annual property taxes are $24,823 (2025), on an assessed value of $2,143,600.
What is the price per square foot?
At $2,650,000 for 3,324 sqft, that's about $797 per square foot.
Where is this property located?
165 Emerson St, Boston MA 02127 is in Boston, Suffolk County, MA 02127.
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