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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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2023 | $319,300 | $872,300 | $1,191,600 | — |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 3,060 | 2,805 | ✗ |
| Year built | 1,910 | 1,910 | ✓ |
North End
38 Sheafe Street, Boston MA 02113
Boston, MA 02113
School information not available for this location.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/11/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/09/2026 | 🏠 Listed for Sale | $2,195,000 | - | - | Original listing |
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