38 Sheafe Street, Boston, MA 02113
See all 41 photos
38 Sheafe Street, Boston, MA 02113,Video Tour
38 Sheafe Street, Boston, MA 02113
38 Sheafe Street, Boston, MA 02113
38 Sheafe Street, Boston, MA 02113
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Paul Neavyn

Paul Neavyn

+1(617) 721-8384
$ 2,195,000
Est. payment /mo
Save Virtual Tour
New

38 Sheafe Street Boston, MA 02113

5 Beds

4 Baths

2,805 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family - 4 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,805 sqft

Price per Sqft $782

MLS Listing ID 73515576

Bedrooms 5

Full Baths 4

Year Built 1910

Annual Tax Amount $14,539

Tax Year 2026

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type 4 Family - 4 Units Up/Down

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".

Location

State MA

County Suffolk

Area North End

Zoning R4

Direction Salem Street to Sheafe Street or use GPS

Rooms

Basement Full, Finished, Interior Entry

Interior

Interior Features Ceiling Fan(s), Pantry, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Walk-In Closet(s), Open Floorplan, Living Room, Kitchen, Family Room, Laundry Room

Heating Baseboard, Natural Gas

Cooling None

Flooring Tile, Hardwood, Wood

Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

View Y/N Yes

View City View(s)

Roof Type Rubber

Garage No

Building

Lot Description Easements, Level

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=UQkGp6t7vst

Listed by Maureen Fiorelli Rlty Assoc

NEARBY SCHOOLS & PROPERTIES

Paul Neavyn

Paul Neavyn

Global Real Estate Advisor | AN9561844

+1(617) 721-8384

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Paul Neavyn, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

38 Sheafe Street