Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

38 Sheafe Street

North End - Boston, MA ID #73515576

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38 Sheafe Street

North End - Boston, MA ID #73515576

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".

Additional Details

  • Status: ACT
  • Type: Multi-Family, Quadruplex
  • Area: North End
  • Zip Code: 02113
  • Taxes: 14,539
  • Levels: 5
  • Acres: 0.01

Parking

  • Parking: On Street

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 5
  • Total Rooms: 13
  • Has Basement: Yes

Location

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38 Sheafe Street, Boston, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Fiorelli Group of Maureen Fiorelli Rlty Assoc. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.