885 E Broadway Boston, MA 02127
South Boston NeighborhoodEstimated payment $19,471/month
Highlights
- Beach Front
- Porch
- 3 Cooling Zones
- 0.08 Acre Lot
- Fenced
- 5-minute walk to Medal Of Honor Park
About This Home
885 East Broadway is a trophy-level investment in the heart of Southie, boasting an enormous 15-bedroom layout with exceptionally large, well-designed units and top-to-bottom, brand new renovations throughout. Each unit features central air, in-unit laundry, and private back decks, delivering the high-end amenities today’s tenants demand. This oversized, turnkey asset offers modern finishes, updated systems, and exceptional rental appeal, driving a massive $22,500 rent roll with immediate cash flow. Opportunities of this size, scale, and income potential on East Broadway are exceedingly rare—an unmissable acquisition in one of Boston’s most dominant rental markets.
Co-Listing Agent
Ryan Bartlett
Greater Metropolitan R. E.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,637
Year Built
- Built in 1905
Lot Details
- 3,306 Sq Ft Lot
- Beach Front
- Fenced
Home Design
- Brick Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,846 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 15 Bedrooms
- 6 Full Bathrooms
Outdoor Features
- Porch
Utilities
- 3 Cooling Zones
- 3 Heating Zones
Listing and Financial Details
- Assessor Parcel Number W:06 P:04282 S:000,1413752
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $39,337
- Net Operating Income $230,663
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,637 | $1,868,500 | $629,600 | $1,238,900 |
| 2024 | $17,476 | $1,603,300 | $398,200 | $1,205,100 |
| 2023 | $15,944 | $1,484,500 | $368,700 | $1,115,800 |
| 2022 | $14,684 | $1,349,600 | $335,200 | $1,014,400 |
| 2021 | $14,400 | $1,349,600 | $335,200 | $1,014,400 |
| 2020 | $12,486 | $1,182,400 | $354,600 | $827,800 |
| 2019 | $11,332 | $1,075,100 | $249,400 | $825,700 |
| 2018 | $10,527 | $1,004,500 | $249,400 | $755,100 |
| 2017 | $10,126 | $956,200 | $249,400 | $706,800 |
| 2016 | $9,147 | $831,500 | $249,400 | $582,100 |
| 2015 | $8,506 | $702,400 | $194,600 | $507,800 |
| 2014 | $8,339 | $662,900 | $194,600 | $468,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/31/2026 01/31/26 | For Sale | $3,399,000 | +83.7% | $884 / Sq Ft | |
| 02/05/2025 02/05/25 | Sold | $1,850,000 | -15.9% | $481 / Sq Ft | View Prior Sale |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- | |
| 09/23/2024 09/23/24 | For Sale | $2,200,000 | -- | $572 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,850,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,887,500 | Purchase Money Mortgage | |
| Closed | $1,887,500 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73473157
APN: SBOS-000000-000006-004282
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