New
$3,899,000
8 bd · 8 ba · 3,292 sqft · 2,666 sqft lot
538 E Broadway, Boston, MA 02127
Multi-family · Built 1920 · $1,184/sqft ·
$21,828/mo est. payment
- Stories
- 5
Flood factor 1/10
About this home
Prime 8-unit brownstone with parking! Located in the heart of one of the most sought-after neighborhoods, 538 East Broadway presents a rare opportunity to acquire a legacy asset that offers both character and long-term value grossing over $240,000 per year with room to increase. This classic brick brownstone features 8 well-maintained residential units, each reflecting the timeless charm and architectural details that make these properties so desirable. The building's solid brick construction ensures both durability and aesthetic appeal, while the generous 8-unit configuration provides the perfect balance of income potential and livability. Additionally, the property includes the coveted bonus of on-site parking, a true rarity in this prime location. This is an ideal opportunity for savvy investors looking to capitalize on a high-demand area with enduring value. Easy access to local amenities, transit, and vibrant neighborhood restaurants and hotspots.
Facts and features
Bedrooms
- Bedrooms: 8
Other Rooms
- Total Rooms: 20
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Waterfront and Water Access
- 1/10 to 3/10 to beach
Land Info
- Lot Size Acres: 0.0612029
- Lot Size Square Feet: 2666
Garage and Parking
- Parking Total: 4
Home Features
- View: City View(s)
Rental Info
- Gross Income: 51600
Schools
Gate of Heaven Elementary School
elementary · K-8 · 0.1 mi
- 5
Joseph P. Tynan Elementary School
elementary · K-6 · 0.2 mi
- 2
Boston Green Academy Horace Mann Charter School
middle · 7-12 · 0.2 mi
- 2
Excel High School
high · 9-12 · 0.2 mi
St Peter Academy
elementary · K-8 · 0.4 mi
Up Academy Charter School Of Boston
middle · 6-8 · 0.4 mi
Price history
- Nov 6, 2026 · Listed$3,899,000
- Nov 6, 2026 · Listing Removed—
- Nov 1, 2026 · Listed For Rent$2,150
- Sep 3, 2025 · Listing Removed—
- May 13, 2025 · Listed$4,000,488
- Jul 31, 2019 · Listing Removed—
- Jul 31, 2019 · Listing Removed—
- Jul 16, 2019 · Listed For Rent$2,400
Tax history
- 2025$21,713 tax · $1,875,000 assessed
- 2024$20,590 tax · $1,889,000 assessed
- 2023$20,807 tax · $1,937,300 assessed
- 2022$19,563 tax · $1,798,100 assessed
- 2021$19,217 tax · $1,801,000 assessed
- 2020$18,397 tax · $1,742,100 assessed
- 2019$16,864 tax · $1,600,000 assessed
- 2018$15,992 tax · $1,526,000 assessed
Home value
$2,330,000
- Collateral Analytics$2,330,000
Where it is
Listed by Ryan Foley · Greater Metropolitan R. E. · MLSPIN
