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".
For sale
$2,195,000
38 Sheafe St, Boston, MA 02113
5beds
2,805sqft
Est.: Get pre-qualified
4 Family - 4 Units Up/Down
Built in 1910
-- sqft lot
$-- Zestimate®
$783/sqft
$-- HOA
What's special
- 24 days |
- 798 |
- 21 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
The Fiorelli Group 917-385-5507,
Maureen Fiorelli Rlty Assoc 617-742-3850
Source: MLS PIN,MLS#: 73515576
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
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
- Flooring: Tile, Hardwood, Wood
- Doors: Insulated Doors
- Basement: Full,Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,805
- Total interior livable area: 2,805 sqft
- Finished area above ground: 2,805
- Finished area below ground: 561
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Exterior features: Balcony/Deck
- Has view: Yes
- View description: City View(s)
Lot
- Size: 774 Square Feet
- Features: Easements, Level
Details
- Parcel number: 0302240000,3365340
- Zoning: R4
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Up/Down
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1910
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: 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
- Region: Boston
Financial & listing details
- Price per square foot: $783/sqft
- Tax assessed value: $1,161,900
- Annual tax amount: $14,539
- Date on market: 5/10/2026
- Total actual rent: 7700
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,273/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Listed for sale | $2,195,000$783/sqft |
Source: MLS PIN #73515576 Report a problem | ||
| 3/5/2019 | Listing removed | $1,750$1/sqft |
Source: Fiorelli Realty Report a problem | ||
| 2/13/2019 | Listed for rent | $1,750$1/sqft |
Source: Fiorelli Realty Report a problem | ||
| 3/8/2018 | Listing removed | $1,750$1/sqft |
Source: FIORELLI REALTY Report a problem | ||
| 12/16/2017 | Listed for rent | $1,750$1/sqft |
Source: FIORELLI REALTY Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,185 +4.1% | $1,138,600 -2% |
| 2024 | $12,664 -1% | $1,161,800 -2.5% |
| 2023 | $12,798 +0.4% | $1,191,600 +1.7% |
| 2022 | $12,745 +2.4% | $1,171,400 +0.4% |
| 2021 | $12,443 +4.5% | $1,166,200 +3.5% |
| 2020 | $11,904 +1.8% | $1,127,300 +1.7% |
| 2019 | $11,689 +4.7% | $1,109,000 +4.1% |
| 2018 | $11,166 +404.9% | $1,065,500 +3.7% |
| 2017 | $2,211 -79.5% | $1,027,000 +4.5% |
| 2016 | $10,808 +22.3% | $982,500 +34.7% |
| 2015 | $8,834 -9.8% | $729,500 -6.3% |
| 2014 | $9,794 -1.9% | $778,500 +2.5% |
| 2013 | $9,980 +12.4% | $759,500 +11.5% |
| 2012 | $8,880 +7.1% | $681,000 +5% |
| 2011 | $8,294 +5.3% | $648,500 -2.2% |
| 2010 | $7,876 +5.5% | $663,000 -5.6% |
| 2009 | $7,462 -3.1% | $702,000 |
| 2008 | $7,701 +1% | $702,000 +1.2% |
| 2007 | $7,627 +26.7% | $694,000 +28.2% |
| 2006 | $6,021 +9.4% | $541,500 +5.6% |
| 2005 | $5,504 +7.4% | $513,000 +1.6% |
| 2004 | $5,126 +35.9% | $505,000 +51.2% |
| 2003 | $3,771 +2.6% | $334,000 |
| 2002 | $3,677 +4.7% | $334,000 +25.1% |
| 2000 | $3,511 | $267,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: North End
Nearby schools
GreatSchools rating
- 8/10Eliot K-8 Innovation SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Charlestown High SchoolGrades: 7-12Distance: 1 mi
- 4/10Harvard-Kent Elementary SchoolGrades: PK-6Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Suffolk County
- Boston
- 02113
- North End
- 38 Sheafe St
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Nearby neighborhoods
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