38-38A Browning Ave, Boston, MA, 02124
Photo 2

$1,099,999

Active

38-38A Browning Ave

Boston, MA 02124

9Beds
3Baths
3,505Sq Ft
Built 19403 Family0.09 Acres0 Parking3 Stories13 Days on Market

Major Dorchester asset coming to market. A three-family: 3,505 SF above grade across three 3BR/1BA units, plus an 888.6 SF finished lower level with a full bath. NEW HEATING SYSTEMS. Tenants pay gas, heat, and electric; owner pays water and sewer only. All three tenancies are TENANT AT WILL — NO LEASES IN PLACE.Unit 1 at $2,700. Unit 2 owner-occupied and available at closing ($3,000–$3,200 potential). Unit 3 at $3,000 (potential $3,200). Collected today: $5,700/mo. Market-rate potential: $9,600/mo — $115,200/yr, roughly $46,800 of annual upside. ~7% cap at market rents; ~7.6% at historical rents of $3,400/unit.ADU POTENTIAL: Boston's expanded ADU allowances plus up to $50,000 in City grant dollars put a fourth income stream on the table. Buyer to verify feasibility.LOCATION: A quiet residential side street between Blue Hill Avenue and Harvard Street. One block to the Blue Hill Ave corridor, where the City and MBTA are installing center-running dedicated bus lanes and rebuilt stations. Roughly a quarter mile to Talbot Ave station on the Fairmount Line — commuter rail to South Station. Harambee Park, Franklin Field, and Franklin Park's 527 acres are all close by, with groceries, pharmacy, the Codman Square Health Center, and the Codman Square BPL branch nearby. OWNER-OCCUPANT BUYERS: ONE+ Boston offers 3% down on a three-family with a discounted interest rate and no PMI for eligible first-time buyers. FHA is 3.5% down on buildings up to four units, and NACA is zero down with zero closing costs. All can be paired with down payment assistance and a rate buy-down. Income limits and eligibility apply. Ask the listing agent — we do this every day. Buyer & broker package with rent roll, pro forma, and CMA on request. Join us for the Open House on Friday, September 18th, 2026, from 11:00 PM–12:00 PM

38-38A Browning Ave, Boston, MA, 02124Open in Maps →
Property Type3 Family
Year Built1940
MLS #73571506
StatusActive
Total Rooms20
Stories3
Living Area3,505 sqft
Lot Size0.09 acres
Annual Tax$7,228.88
Days on Market13
Parking Spaces0

Interested in this home?

By submitting, you agree to our terms. We'll connect you with the listing agent.

Mortgage Calculator

$6,812/mo

Principal & Interest$5,562
Property Tax$1,100
Insurance$150
Home Price$1,099,999
Down Payment20% ($220,000)

Listing Information

MLS #: 73571506
Source: MLS PIN

Est. Monthly Payment

$7,073/mo

Based on 20% down, 30yr fixed at 6.5%

Principal & Interest$5,570
Property Tax$602