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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 5 |
| Living area | 6,000 sqft |
| Lot size | 6,098 sqft |
| Year built | 2026 |
| Price / sqft | $458 |
| County | Suffolk |
| MLS # | 73553775 |
Listing status
| Days on market | 4 days |
| Listed on | July 22, 2026 |
Taxes & financials
| Annual property tax | $9,999 |
| Tax year | 2026 |
| Assessed value | $999,999 |
| Zoning | MFR |
| Gross income (actual) | $201,600/yr |
| Net operating income (actual) | $177,000/yr |
| Total actual rent | $16,800/mo |
| Electric expense | $600/yr |
| Insurance expense | $3,600/yr |
Building & lot
| Stories | 7 |
| Total rooms | 37 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street, Assigned, Deeded, Paved |
| Foundation | Granite |
| Roof | Shingle, Slate, Rubber |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of a MLS PIN member office. 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 533 Washington Street, Boston MA 02124 have?
It is a 5-unit multi-family property with 6,000 sqft of living area, built in 2026.
How long has 533 Washington Street, Boston MA 02124 been on the market?
533 Washington Street, Boston MA 02124 has been listed for 4 days (since July 22, 2026).
What is the price per unit?
At a list price of $2,750,000 across 5 units, that works out to roughly $550,000 per unit.
What are the property taxes on 533 Washington Street, Boston MA 02124?
Annual property taxes are $9,999 (2026), on an assessed value of $999,999.
What is the price per square foot?
At $2,750,000 for 6,000 sqft, that's about $458 per square foot.
Is there parking?
5 total parking spaces (paved drive, off street, assigned, deeded, paved).
Where is this property located?
533 Washington Street, Boston MA 02124 is in Boston, Suffolk County, MA 02124.
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