$2,195,000 ($782.53 per sqft)

Est. Mortgage $10,670/mo *

Quick Pre-Approval

38 Sheafe Street, Boston, (North End), MA, 02113

38 Sheafe Street, Boston, (North End), MA, 02113

13 rooms

5 beds

4 Full baths

1910

2,805 sqft

Rarely available & lovingly owned by the same family for generations, this exceptionally maintained 4-family property presents a unique opportunity in the heart of Boston’s historic North End. Strong investment with substantial value-add potential. Pro forma rental income at current market rates is projected at over $140K annually. 2 of the 4 units are currently occupied by family members without leases & are significantly below market rent. The remaining 2 units are also below market value with leases in place through 8/31/26. Property features an extraordinary duplex-style layout with finished lower level, private patio access, & in-unit laundry. 1 of the units has long functioned as a 2-bedroom. Major property improvements include roof in 2023 & hot water tank in 2024. Potential future roof deck opportunity. A rare chance to own a generational asset in one of Boston’s most iconic & sought-after neighborhoods, surrounded by renowned restaurants, cafes, waterfront, downtown & the "T".


Status:

Active

Town:

Boston

Type:

Multi-family

Units:

4

Zoning:

R4

Heating:

Baseboard, Natural Gas

Cooling:

None

Basement:

Full, Finished, Interior Entry

Levels:

5

Parking:

On Street

Acreage:

0.01

Est. Taxes:

$14,539

Assessment

$1,161,900

Construction

Brick

Lot Description:

Easements, Level

View Description:

City View(s)

Amenities:

Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Appliances:

Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

MLS #:

73515576


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of The Fiorelli Group, Maureen Fiorelli Rlty Assoc Inc. 617-742-3850