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259-261 Emerson StBoston, MA 02127

Two-unit building, renovated 2015, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional multifamily investment opportunity is located at 259-261 Emerson Street in Boston's desirable East Side, just off Broadway. The property, built in 1890 and extensively renovated in 2015, comprises a one-bedroom, one-bathroom unit on the first floor and a spacious three-bedroom, one-bathroom duplex unit spanning the second floor. Each unit boasts modern amenities including in-unit washer/dryers, stainless steel appliances, and quartz countertops. A shared patio in the rear provides tenants with outdoor space. The building totals 1,946 square feet across three stories. With its prime location, proximity to major employment centers and public transportation, and strong tenant occupancy (currently 100%, with the next occupancy date October 22, 2024), this property presents a compelling owner-user opportunity in a thriving submarket. The building's strong rental history and modern updates make it an attractive investment for both owner-occupiers and investors seeking a stable, high-performing asset in a sought-after Boston neighborhood. This is a rare chance to acquire a well-maintained, income-producing property in a highly desirable area of South Boston.

Highlights

  • Desirable East Side Boston location, near Broadway.
  • 1,946 sq ft, three-story building with a one-bedroom/one-bathroom unit and a three-bedroom/one-bathroom duplex; renovated in 2015.
  • Modern amenities including in-unit laundry and stainless steel appliances.
  • 100% occupancy, next lease expiration October 22, 2024.
  • Strong rental history and owner-occupier potential in a high-demand submarket.

Property Details for 259-261 Emerson St

Property type
Apartment buildings
Square Feet
1,946 SF
Year Built/Renovated
1890/2015
Buildings
1
Stories
3

Location Insight

City
Boston
County
Suffolk
State
Massachusetts
Latitude
42.334422434742
Longitude
-71.035967683128
259-261 Emerson St, Boston, Massachusetts

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259-261 Emerson St
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