165 Emerson St, Boston, MA 02127
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$2,650,000
3 Unit
11 Beds
6 Baths
3324 SQFT
0.04 Acre

Property Description

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 tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 11
  • Total Full Baths: 6
  • Amenities: House of Worship, Medical Facility, Public Transportation, Shopping, T-Station, University
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Bathroom with Shower Stall, Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 175200
  • Gross Expenses: 3458
  • Water/Sewer: 3458
  • INSC: 3800
  • Net Operating Income: 167942

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73518512
  • Last Updated: 05/13/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/13/2026New$2,650,000$797MLSPIN

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Seller's Representative: Rose Hall, Blue Ocean Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-13 19:59:00

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