577 Massachusetts Ave Boston, MA 02118

$5,300,000
9 beds
6 full, 1 partial
5,435 sqft
0.05 acres
$975 / sqft
Multi-Family

Property details

About 577 Massachusetts Ave

Don’t miss this rare opportunity to own a gut-renovated four-family investment property in Boston’s coveted South End. This historic brick row house features four never-lived-in units, offering the potential to achieve superior rents. The building includes two 2-bed/1-bath apartments, one 2-bed/2-bath apartment, and a massive 3 bed/2.5-bath penthouse duplex, with an additional loft level. Extensive renovations, featuring brand new utilities and mechanical systems, provide investors with the assurance that their property is well-equipped for long-term success. Private outdoor space, in-unit laundry, and central heating and cooling make this property stand out among comparable rental options. An easy condo-conversion alternative also provides investors with the option to sell as condos in the future. Ideally located near universities, public transportation, and the city’s best amenities, 577 Mass Ave is truly a prime investment opportunity.

Highlights

Home typeMulti Family
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
Size5,435 sqft
Lot size0.05 Acres
Year built1920
ParkingOn Street
MLS #73308669
ViewCity

Summary

  • MLS Number: 73308669
  • MLS Name: MLS Property Information Network
  • Office Name: AJM Group Realty, Inc.
  • Office Phone: (617) 974-7007
  • Listing Agent: Benjamin Mandelbraut

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/24/2025, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

unfurnished living room with light hardwood / wood-style floors, high vaulted ceiling, a skylight, and built in shelves

$5,300,000

577 Massachusetts Ave

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2021$1,249,400$-
2020$1,198,300$0
2019$1,166,500$0
2018$1,132,500$0
2017$1,107,000$0

History based on county public records data.

Nearby schools

3

Blackstone Innovation School

Public District PK-5

0.4 mi

380 Shawmut Ave

2

Samuel W. Mason Elementary School

Public District PK-5

0.9 mi

150 Norfolk Ave

6

Josiah Quincy Elementary School

Public District PK-5

1.0 mi

885 Washington St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $14,462. Residents of Boston, MA typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

66%
<35k
21%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

67%
Single, No Kids
20%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
30%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 577 Massachusetts Ave in Boston, MA and zip code 02118 in the Chester Square neighborhood. This 5,435 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $5,300,000.

Over 82 listings were sold over their listed price in December 2024 in Boston, MA. In the same period over 228 listings were sold below the listed price and 49 listings were sold for the listed price. The inventory of homes for sale in Boston, MA between November and December 2024 decreased by 15.4%. The median list price of listings available in December 2024 was $823,796, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

More resources