Sold
38 Sheafe St, Boston, MA
Boston · MA 02113
- $1,950,000
- Price
- 5
- Beds
- 4
- Baths
- 2805
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
4 Units
Lot size:
774 Sq.Ft Lot
Price per square foot:
$783 / Sq.Ft
Parking:
No Parking
About this home
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.
Neighborhood & Transit
North End
38 Sheafe St, Boston · MA 02113
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
North Station GreenOrange Commuter Rail 4 routes 0.20 mi
- Fitchburg Line
- Haverhill Line
- Lowell Line
- Newburyport/Rockport Line
-
Haymarket GreenOrange 0.26 mi
-
Bowdoin Blue 0.46 mi
-
State BlueOrange 0.49 mi
-
Government Center BlueGreen 0.49 mi
Price Insight
- Days on Market:
- 179 days
- Listing Price:
- $2,195,000
- Price per Sq.Ft:
- $783
- Tax Assessment:
- $1,161,900 in 2026
- Taxes:
- $1,212 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 2,805 Sq.Ft
- Broker Disclosure about Living Area
- Living area square footage does not include an approximately 170 SqFt finished outdoor patio.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2805
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 774 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Fiorelli Group
- Listing office
- Maureen Fiorelli Rlty Assoc
- MLS PIN #
- 73515576
- Disclosure
- Property is sold as is. Information gathered through multiple sources. Buyers and buyers agent to perform their own due diligence
- Disclosure
- Living area square footage does not include an approximately 170 SqFt finished outdoor patio.