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 Details
Price:
$2,195,000
MLS #:
73515576
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
northend
Listed Date:
May 9, 2026
Finished Sq Ft:
2,805
Total Sq Ft:
2,805
Lot Size:
774 sqft / 0.01 acres (approx)
Year Built:
1910
Units:
4
See this Listing
Schools
Interior
Above Grade Finished Area
2805
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Bathrooms
4 Full Bathrooms
Below Grade Finished Area
561
Cooling
None
Flooring
Tile, Hardwood, Wood
Heating
Baseboard, Natural Gas
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
Levels
5
Exterior
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
Construction Materials
Brick
Exterior Features
Balcony/Deck
Lot Features
Easements, Level
Open Parking YN
1
Parking Features
On Street
Patio And Porch Features
Patio
Roof
Rubber
Stories
5
View
City View(s)
Financial
Tax Year
2026
Taxes
$14,539
Map
Community
- Address38 Sheafe Street Boston MA
- CityBoston
- CountySuffolk
- Zip Code02113
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Back Bay
- Bay Village
- Beacon Hill
- Bellevue Hill
- Boston
- Brighton-Oak Square
- Charlestown
- Chestnut Hill
- Chestnut Hill /Brookline line
- Chestnut Hill Park Condominium
- Clam Point Neighborhood
- Eight Streets Neighborhood
- Ellis South End Neighborhood
- Fairmount Hill
- Fields Corner
- Gas Light District
- Golf Course Neighborhood
- Harbor View
- Harborview
- Highland
- Hyde Park
- Jamaica Plain
- Lower Mills
- Melville Park
- Metropolitan Heights Area
- Metropolitan Hill
- Mission Hill – Longwood Medical
- Oak Square
- Parkway neighborhood
- Roslindale
- Roslindale – WC Bates
- roslindale village
- Roxbury’s Moreland Street Historic District
- Savin Hill: Minutes to Carson Beach/UMass Boston T-Stop
- South Boston
- Suffolk County
- Sumner Hill
- Thomas Park
- Woodbourne
Market Summary
Current real estate data for Multi Family in Boston as of May 15, 2026
429
Multi Family Listed
129
Avg DOM
480
Avg $ / SqFt
$2,081,254
Avg List Price
Property Summary
- 38 Sheafe Street Boston MA is a Multi Family for sale in Boston, MA, 02113. It is listed for $2,195,000 To schedule a showing of MLS#73515576 at 38 Sheafe Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Maureen Fiorelli Rlty Assoc. The property listing data and information 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 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 set forth herein.
38 Sheafe Street
Boston, MA