Description
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.
Details
| MLS # | 73559400 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 64 |
| Listing Provided By | Marcus & Millichap Real Estate Investment Services | Tony Pepdjonovic |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,945 |
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | R2 |
| Acreage | 0.04 |
| Water Front | Yes |
Interior
| Rooms Total | 8 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard, Natural Gas |
| Interior Features | Upgraded Cabinets, Upgraded Countertops |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Hardwood |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Concrete Perimeter, Stone |
| Lot Features | Other |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 18146 |
|---|---|
| Tax Assessed Value | 1449900 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Public School |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02127 |
| Area | Suffolk |
| Listing VS Median (in 02127) | |
Price: $1,350,000 low | high Med: $779,950 sqft: 1,945 low | high Med: 1,094 $ / sqft: $694 low | high Med: $715 On site: 64 low | high Med: 78 | |
Market Activity 02127
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02127 |
| Area | Suffolk |
| Listing VS Median (in 02127) | |
Price: $1,350,000 low | high Med: $779,950 sqft: 1,945 low | high Med: 1,094 $ / sqft: $694 low | high Med: $715 On site: 64 low | high Med: 78 | |
Nearby Listings (Within 1/4 mile)
Price: $1.12M - $1.687M
sqft: 1,000 - 2,000
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Listing Updated: September 29, 2026 at 7:22:55 AM PDT