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$2,195,000

For Sale

14 hours ago

38 Sheafe St, Boston, MA

House

MLS® 73515576

5 Bed

4 Bath

2805 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2805 sqft
Garage 
Taxes $14,539
Days Active 0
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $782
MLS® Number 73515576

Property Address: 38 Sheafe St, Boston, MA, 02113-1224

Average square foot calculated using Size range provided by listing agent.

Description

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".
MLS® Number73515576
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFull, Finished, Interior Entry
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 9, 2026List Date
$2,195,000List Price
  • Commute

Commute

Starting Address
Destination Address
38 Sheafe St, Boston, MA

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