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38 Sheafe Street, Boston MA 02113

Boston, MA 02113 • North End
$2,195,000
Est. $12,511/month
5
Beds
4
Baths
2,805
Sq Ft
$783
Price/Sq Ft
0.01
Acres
1910
Year Built
11 hours 31 minutes
Time on Market
Active Listed May 9, 2026 • MLS# 73515576 Copied!

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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Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
5
Full Bathrooms
4
Living Area
2,805 sq ft
Total Rooms
13
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1910
Living Area 2,805 sq ft
Lot Size 0.01 acres
Bedrooms 5
Full Baths 4
Total Rooms 13

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Hardwood, Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement Full, Finished, Interior Entry
Laundry None
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

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features On Street

Utilities

Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,539
Assessed Value $1,161,900

Interior Features

Flooring: Tile, Hardwood, Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
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
Windows:
Basement: Full, Finished, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Brick
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features: Easements, Level
Road Surface: Paved

Parking & Garage

Parking Features: On Street

Special Features

View: Yes
View Type: City View(s)
Community Amenities: 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

Location

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Neighborhood

North End

38 Sheafe Street, Boston MA 02113

Boston, MA 02113

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,212
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 9, 2026
$2,195,000
Original listing
Office: Maureen Fiorelli Rlty Assoc

Price & Status History

Date Event Price Change
May 9, 2026 New Listing Added $2,195,000

Market Statistics

Time on Market
11 hours 31 minutes
Price per Sq Ft
$783

Tax History

Year Taxes Assessment
2026 $14,539 $1,161,900

Financial Details

Annual Property Tax
$14,539
Tax Year 2026
Assessed Value
$1,161,900

Listing Information

Listing Agent The Fiorelli Group
Listing Office Maureen Fiorelli Rlty Assoc
Agent MLS ID TM363084
Office MLS ID NB3136
Listing Data Updated May 9, 2026 12:54 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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