118 South Street, Boston MA 02111
Boston, MA 02111 • Leather District
$1,500,000
Est. $9,672/month
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Open House Schedule
23
Aug
Sunday, August 23
12:00 PM - 1:30 PM EDT
22
Aug
Saturday, August 22
12:00 PM - 1:30 PM EDT
About this home
A truly rare opportunity to reimagine nearly 3,000 SF on an entire floor in Boston's Leather District, just one block from South Station. Units 4A and 4B are being offered together for the first time since 1979, creating the opportunity to transform this expansive footprint into something entirely your own. The 2,052 SF 4B offers a remarkable blank canvas with newly refinished hardwood floors, an open floor plan, and the scale to create a spectacular single-level loft, or thoughtfully reconfigure the space with a dream kitchen, bathroom oasis, multiple living areas, and additional potential bedrooms. The fourth floor also has roof rights for an approximately 300 SF deck on the south side of the roof. Alternatively, the two units could remain separate, with 4A providing immediate rental income at $2,600/month. Mixed-use zoning adds further flexibility for a live/work concept, creative studio, or professional use. Offered well below the current assessed value, the pricing reflects the opportunity to add value through renovation and represents a significant discount to comparable neighborhood pricing. A freight elevator opens directly into 4B for deliveries and moving; it is not a passenger elevator, and stairs are required to access the 4th floor. The building also features a 2026 roof and newer gas-fired heat serves both units. An exceptional opportunity to create a truly one-of-a-kind property in one of Boston's most connected neighborhoods.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 21, 2026
$1,500,000
Original listing
Agent: Randall Horn
Office: Entourage Realty LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/21/2026 | 🏠 Listed for Sale | $1,500,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2027 | $22,641 | $1,809,200 |
Financial Details
Annual Property Tax
$22,641
Tax Year 2027
Assessed Value
$1,809,200
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Side by Side
Year Built
1910
Living Area
2,952 sq ft
Lot Size
0.07 acres
Stories
2
Bedrooms
1
Full Baths
2
Half Baths
1
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
$2,600/mo · Y
Unit 2 Rent
— · N
Total Monthly Rent
$2,600/mo
Gross Income
$31,200
Net Operating Income
$17,431
Operating Expenses
$13,769
Cap Rate
1.16%
Interior
Heating
None
Cooling
None
Flooring
Hardwood
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$22,641
Assessed Value
$1,809,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
4a + 4b Sold Together As A Package. Freight Elevator Is Not For Passenger Use So The Stairs Must Be Used. First Floor And Basement Are Zoned For Commercial Use Only. All The Upper Floors Zoned For Residential Or Commercial Use. Sold As-is. Buyers/agents To Do All Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
4B is 2052sf. 4A is 922sf
Documents
None
County
Suffolk
Property Overview
Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1910
Bedrooms
1
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,952 sq ft
Total Rooms
8
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,952 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Granite
Stories:
2
Heating, Cooling & Utilities
Heating:
Heating Zones:
1
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,887
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Leather District
118 South Street, Boston MA 02111
Boston, MA 02111
Listing Information
Listing Agent
Randall Horn
Listing Office
Entourage Realty LLC
Office Phone
781-367-1598
Agent MLS ID
CT005773
Office MLS ID
AN8740
Listing Data Updated
Aug 21, 2026 7:16 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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