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INVESTMENT SNAPSHOT
About this property
259-261 Emerson is a 2-family located on one most sought after streets in South Boston convenient to the Seaport, Financial District, East Broadway and L Street Beach. The property generates $8,250 per month and is fully leased through 8/31/2027. Unit 1 is a lovely direct-entry 1-bedroom/1bath with a private patio that features a renovated kitchen and bathroom and in-unit laundry. Unit 2 is a direct-entry 3-bedroom/1bath bi-level unit that also has been renovated. This is a great opportunity to invest in arguably the strongest rental market in Boston or take advantage of a future owner-occupied situation.
Property details
| Units | 2 |
| Living area | 1,945 sqft |
| Lot size | 1,612 sqft |
| Year built | 1890 |
| Price / sqft | $694 |
| County | Suffolk |
| MLS # | 73559400 |
Listing status
| Days on market | 0 days |
| Listed on | August 5, 2026 |
Taxes & financials
| Annual property tax | $18,146 |
| Tax year | 2026 |
| Assessed value | $1,449,900 |
| Zoning | R2 |
| Gross income (actual) | $99,000/yr |
| Net operating income (actual) | $72,010/yr |
| Total actual rent | $8,250/mo |
Building & lot
| Stories | 3 |
| Total rooms | 8 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Basement | Full, Unfinished |
| Foundation | Concrete Perimeter, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer |
Location
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Listing courtesy of a MLS PIN member office. 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 259 Emerson Street, Boston MA 02127 have?
It is a 2-unit multi-family property with 1,945 sqft of living area, built in 1890.
How long has 259 Emerson Street, Boston MA 02127 been on the market?
259 Emerson Street, Boston MA 02127 has been listed for 0 days (since August 5, 2026).
What is the price per unit?
At a list price of $1,350,000 across 2 units, that works out to roughly $675,000 per unit.
What are the property taxes on 259 Emerson Street, Boston MA 02127?
Annual property taxes are $18,146 (2026), on an assessed value of $1,449,900.
What is the price per square foot?
At $1,350,000 for 1,945 sqft, that's about $694 per square foot.
Where is this property located?
259 Emerson Street, Boston MA 02127 is in Boston, Suffolk County, MA 02127.
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