MA
Suffolk
Boston
02113
38 Sheafe Street
38 Sheafe Street, Boston, MA 02113
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Listing Type
Multi Family
Listing Status
Active
36
$2,195,000

Home Details for 38 Sheafe Street

Price
$2,195,000
Type
Residential Income
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
4
Square feet
2805
Year built
1910
Lot size acres
0.01
County
Suffolk
Total rooms
13
Basement
Full, Finished, Interior Entry
MLS Listing#
73515576
Property 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".

Property Features
  • House Interior
    • Walk-In Closet(s)
    • Ceiling Fan(s)
    • Pantry
    • High Speed Internet
    • Open Floorplan
  • Basement
    • Full
    • Finished
    • Interior Entry
  • Cooling Information
    • None
    • Ceiling Fan(s)
  • Heating Information
    • Natural Gas
    • Baseboard
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Maureen Fiorelli Rlty Assoc - 617-742-3850
Presented by: The Fiorelli Group
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.
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Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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