1 month on rocket

577 Massachusetts Ave, Boston, MA, 02118

$5,300,000

9 Bedrooms
6 Full Baths, 1 Partial
5,435 SqFt
$975/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1920
HeatingCentral, Natural Gas
CoolingCentral Air
ViewCity
MLS #73308669
Lot Size0.05 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 5,435 SqFt

Listing Office:

  • Office Name: AJM Group Realty, Inc.
  • Office Phone: (617) 974-7007
  • Listing Agent: Benjamin Mandelbraut

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Freezer, Washer, Dryer, Range Hood
  • Flooring Type: Tile, Hardwood
  • Interior: Storage, Walk-In Closet(s), Bathroom with Shower Stall, Remodeled, Other, Cathedral/Vaulted Ceilings, Living Room, Dining Room, Kitchen, Family Room, Loft, Office/Den

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony/Deck

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Mass. Ave., between Tremont & Shawmut

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,300,000
  • Price Per SqFt: $975/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Boston, MA.

Med. Sold Price

$819K

Med. Price/SqFt

$664

Avg. Days On Market

40

# of Sold Homes

314

577 Massachusetts Ave vs Boston

50 DAYS ON ROCKET

+10 Days

$5,300,000

+$4.4M More

$975/SqFt

+$311 More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $311/SqFt more than other homes in Boston, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73308669

Listing Office:

  • 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: 12/21/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $1,249,400
2020 - $1,198,300
2019 - $1,166,500
2018 - $1,132,500
2017 - $1,107,000

History based on county public records data.

Payment Calculator

$26.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-776971
3
/10
  • Blackstone Innovation School

  • 380 Shawmut Ave

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-776972
2
/10
  • Samuel W. Mason Elementary School

  • 150 Norfolk Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-776973
6
/10
  • Josiah Quincy Elementary School

  • 885 Washington St

  • 1.00 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,462. Residents of Boston, MA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes logo

Interested in 577 Massachusetts Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesMassachusettsSuffolk CountyBoston02118577 Massachusetts Ave

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 01, 2024 and is currently priced at $5,300,000.

While more than 93 listings in Boston, MA in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 166 were sold below. The inventory of homes for sale in Boston, MA between October 2024 and November 2024 decreased by 10%. The median list price of listings available in November 2024 was $819,029, while the average time on the real estate market was 40 days.

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

More Resources