38 Sheafe Street, Boston, MA 02113

Boston
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
38 Sheafe Street,Boston, MA 02113
$2,195,000
  • 5 Beds
  • 4 Baths
  • 2,805 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, May 16
    12:00 pm - 01:30 pm
  • Sun, May 17
    12:00 pm - 01:30 pm
Listed by: the fiorelli group
Office: maureen fiorelli rlty assoc
MLS#:73515576
Source:MLSPIN

Price summary

  • Price:$2,195,000
  • Price per sq. ft.:$782.53

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".

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Home facts

  • Year built:1910
  • Listing ID #:73515576
  • Updated:May 14, 2026 at 10:41 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:13
  • Flooring:Hardwood, Tile, Wood
  • Kitchen Description:Dishwasher, Disposal, Freezer, Kitchen, Microwave, Range, Refrigerator
  • Basement Description:Finished, Full, Interior Entry
  • Living area:2,805 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1910
  • Building area:2,805 sq. ft.
  • Lot area:0.02 Acres
  • Lot Features:Easements, Level
  • Construction Materials:Brick
  • Exterior Features:Balcony/Deck, Patio
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,195,000
  • Price per sq. ft.:$782.53
  • Tax amount:$14,539 (2026)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Freezer, Intercom, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fan(s), High Speed Internet, Open Floorplan, Walk-in Closet(s)

Parking

  • Parking description:On Street
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 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 or leasing 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 or leasing. 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.

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