54 I St Boston MA 02127 MLS #73362563

54 I St
Boston, MA, 02127
$1,799,999
8 Beds
3 Baths
2,808 SqFt
0.02 Acres
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LOCATION!!! Exceptional multifamily opportunity in the heart of South Boston! Just one block from East Broadway, this well-positioned 3-unit building sits prominently on the corner of I Street and East 3rd. A true turnkey asset with immediate upside—Rents under market and simple updates can polish these units. The basement offers untapped potential for additional livable space, and the building features a full walk-up staircase to a flat roof with breathtaking city and water views—a future roof deck, perhaps? Unit 1: Vacant 2-bedroom / Unit 2: Currently configured as a 2-bedroom + office / Unit 3: Used as a 1-bedroom + office/gym but easily converted back to 2 or 3 bed. This is an ideal setup for an owner-occupant to live in Unit 1 and rent out units 2 and 3 as spacious 3-bed apartments with minimal effort. Whether you’re looking to hold as a rental asset or explore condo conversion, this property delivers exceptional value in one of Boston’s most sought after neighborhoods.

Property Details

Price:
$1,799,999
MLS #:
73362563
Status:
Pending
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Apr 22, 2025
Finished Sq Ft:
2,808
Total Sq Ft:
2,808
Lot Size:
871 sqft / 0.02 acres (approx)
Year Built:
1910
Units:
3

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Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile, Laminate, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Marina, Public School, T- Station
Construction Materials
Frame, Brick
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$29,319
Tax Year
2025
Taxes
$16,070

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Aug 04, 2025
332
Multi Family Listed
150
Avg DOM
488
Avg $ / SqFt
$1,965,807
Avg List Price

Property Summary

    54 I St Boston MA is a Multi Family for sale in Boston, MA, 02127. It is listed for $1,799,999 To schedule a showing of MLS#73362563 at 54 I St in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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