54 I St Boston MA 02127 MLS #73362563

54 I St
Boston, MA, 02127
$1,920,000
8 Beds
3 Baths
2,808 SqFt
0 Acres
$1,920,000
54 I St
Boston, MA, 02127
LOCATION!!! 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: Currently configured as a 2-bedroom + office / Unit 3: Used as a 1-bedroom + office/gym but easily converted back to 2 or 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, this property delivers exceptional value in one of Boston’s most sought after neighborhoods.

Property Details

Price:
$1,920,000
MLS #:
73362563
Status:
Active
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
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
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
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…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

Courtesy of JR Associates. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Rover IDX
54 I St
Boston, MA