HomeBoston5+ Family - 5+ Units Up/Down241-243 E St, Boston MA 02127
241-243 E St, Boston MA 02127 — photo 1 of 161 / 16
$3,400,000
241-243 E St, Boston MA 02127
5 units · 12 bd · 6 ba · 4,200 sqft · $680,000/unit
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INVESTMENT SNAPSHOT

Signal Score70 / 100
Est. Cap Rate3.8%
GRM17.2
Gross Scheduled Income$198,020/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Turn-Key Investment OpportunityBeautiful, fully renovated building (2023) offering a true turn-key investment. Ideally located near public transportation, popular bars, and restaurants—an attractive setting for tenants.The property features a finished basement with coin-operated laundry, plus added convenience with in-unit laundry in Unit 1.Additional income potential includes four rear parking spaces, currently rented separately from the units.Strong upside with rents scheduled to increase on September 1, 2026. rent for Sept 2026, 241 unit 1 $6000, 243 unit 2 $3500 w parking, 243 unit 3 $3400, 1 parking $400, 241 unit 2&3 are for rent for $3500 and there are 2 additional parking spot that need to be rented as well.

Property details

Units5
Living area4,200 sqft
Lot size2,867 sqft
Year built1930
Price / sqft$810
CountySuffolk
MLS #73497010

Listing status

Days on market59 days
Listed onApril 7, 2026

Taxes & financials

Annual property tax$24,914
Tax year2025
Assessed value$2,151,500
ZoningR4
Gross income (actual)$228,000/yr
Net operating income (actual)$228,000/yr
Total actual rent$19,000/mo

Building & lot

Stories5
Total rooms22
Lot size0.07 acres
Garage spaces0
Parking spaces4
ParkingOff Street
BasementFull, Finished
FoundationGranite
RoofRubber
ConstructionBrick
FlooringTile, Hardwood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Gas Oven

Location

More about investing in Boston

Listing courtesy of Coldwell Banker Realty - Dorchester — Anne Galvin. 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 241-243 E St, Boston MA 02127 have?

It is a 5-unit multi-family property with 4,200 sqft of living area, built in 1930.

How long has 241-243 E St, Boston MA 02127 been on the market?

241-243 E St, Boston MA 02127 has been listed for 59 days (since April 7, 2026).

What is the estimated cap rate on this 5-family in Boston?

Based on area median rents, the estimated cap rate is about 3.8%, with a Signal Score of 70/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $3,400,000 across 5 units, that works out to roughly $680,000 per unit.

What are the property taxes on 241-243 E St, Boston MA 02127?

Annual property taxes are $24,914 (2025), on an assessed value of $2,151,500.

What is the price per square foot?

At $3,400,000 for 4,200 sqft, that's about $810 per square foot.

Is there parking?

4 total parking spaces (off street).

Where is this property located?

241-243 E St, Boston MA 02127 is in Boston, Suffolk County, MA 02127.

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