38 Sheafe Street Boston, MA 02113
Listing Courtesy of: MLS PIN / Maureen Fiorelli Rlty Assoc / The Fiorelli Group

  38 Sheafe Street Boston, MA 02113

Active (1 Days)
$2,195,000 (USD)
5
BED
4
BATH
2,805
SQFT
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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 #:
73515576
Taxes
$14,539(2026)
Lot Size
774 SQFT
Type
Multifamily
Year Built
1910
Views
City View(s)
County
Suffolk County

Listed By

The Fiorelli Group, Maureen Fiorelli Rlty Assoc
Source
MLS PIN
Last checked May 9 2026 at 11:34 AM GMT+0000
Bathroom Details
Interior Features
  • Range
  • Refrigerator
  • Dryer
  • Washer
  • Pantry
  • Remodeled
  • Dishwasher
  • Microwave
  • Disposal
  • Stone/Granite/Solid Counters
  • Upgraded Cabinets
  • Upgraded Countertops
  • Freezer
  • Bathroom With Tub
  • High Speed Internet
  • Open Floorplan
  • Ceiling Fan(s)
  • Walk-In Closet(s)
  • Living Room
  • Kitchen
  • Family Room
  • Laundry Room
Lot Information
  • Level
  • Easements
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Natural Gas
  • Baseboard
  • None
Basement Information
  • Full
  • Finished
  • Interior Entry
Flooring
  • Wood
  • Tile
  • Hardwood
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • On Street
Stories
  • 5
Living Area
  • 2,805 sqft
Location
Map View | Street View
   
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