54 I St Boston MA 02127 MLS #73362563

54 I St
Boston, MA, 02127
$1,699,000
8 Beds
3 Baths
2,808 SqFt
0.02 Acres
$1,699,000
54 I St
Boston, MA, 02127
Buyer’s couldn’t qualify, time to scoop this deal! VACANT exceptional multifamily opportunity in the heart of South Boston! Just one block from East Broadway, this well-positioned 3-unit building sits prominently on the corner of I Street and East 3rd. A true turnkey asset with immediate upside—Rents under market and simple updates can polish these units. The basement offers untapped potential for additional livable space, and the building features a full walk-up staircase to a flat roof with breathtaking city and water views—a future roof deck, perhaps? Unit 1: Vacant, 2-bedroom – Unit 2: Vacant, 3-bedroom – Unit 3: Vacant, configured 1-bedroom + office/gym but easily converted back to a 3 bed. This is an ideal setup for an owner-occupant to live in Unit 1 and rent out units 2 and 3 as spacious 3-bed apartments with minimal effort. Whether you’re looking to hold as a rental asset or explore condo conversion.

Property Details

Price:
$1,699,000
MLS #:
73362563
Status:
Pending
Beds:
8
Baths:
3
Address:
54 I St
Type:
Multi Family
Subtype:
3 Family
City:
Boston
Listed Date:
Apr 22, 2025
State:
MA
Finished Sq Ft:
2,808
Total Sq Ft:
2,808
ZIP:
02127
Lot Size:
1,028 sqft / 0.02 acres (approx)
Year Built:
1910
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile, Laminate, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Marina, Public School, T- Station
Construction Materials
Frame, Brick
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$29,319
Tax Year
2025
Taxes
$16,070
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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