38 Sheafe Street
Boston, MA 02113
5
Bed
4
Bath
2,805Sqft
0.01Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Total Bedroom: 5 -
Flooring Information
Tile, Hardwood, Wood -
Roofing Information
Rubber -
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 Roof: Rubber Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer -
Heating & Cooling
Heating: Baseboard, Natural Gas Cooling: None WaterSource: Public
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Building Information
Year Built: 1910 Construction Materials: Brick Basement: Full, Finished, Interior Entry -
Exterior Features
Balcony/DeckFoundation Details: Concrete PerimeterPorch: Patio -
Road Types
PavedPublic
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Lot Information
Lot Description: Easements, Level Lot Size Area: 0.01 Lot Size Units: Acres Lot Square Feet: 774 Lot Acres: 0.01 Stories: 5 Main Square Feet: 0.01Property Information
Property Type: Residential Income Sub Type: 4 Family - 4 Units Up/DownSQ ft (Living Area): 2,805
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Listing Price Information
Original Listing Price: $2195000
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Tax Information
Parcel Number: 0302240000,3365340 Annual Tax: $14539
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Parking Information
On Street
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Location Information
Direction: Salem Street to Sheafe Street or use GPS
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12 North Bennet Street, Boston, MA, 02113 | $5,200,000 | 8 | 7 | 6,690 | 6,690 SqFt |
| 47A North Margin Street, Boston, MA, 02113 | $3,600,000 | 8 | 7 | 5,480 | 5,480 SqFt |
| 51 North Margin St, Boston, MA, 02113 | $9,677,000 | 9 | 8 | 7,500 | 7,500 SqFt |
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ByOwner last updated this listing 06/26/2026 @ 13:05
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