22-24 Shelby St, Boston MA 02128

Boston, MA 02128 • East Boston

$1,539,721

$1,449,721

Est. $8,219/month

6

Beds

5

Baths

3,230

Sq Ft

$449

Price/Sq Ft

0.03

Acres

1940

Year Built

Multi Family

Type

40

Days on Market

Active Price Drop -$90,000 Listed Jun 10, 2026 • MLS# 73533829 Copied! • Updated Jul 10, 2026

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About this home

Beautifully renovated mixed-use property featuring a commercial unit on the first floor and two spacious residential apartments above. Each apartment offers an open-concept layout, hardwood floors, two full bathrooms, central HVAC, and newer stainless steel appliances.Conveniently located just minutes from Logan Airport and major highways, with a train station within walking distance. Enjoy easy access to restaurants, shopping, and local amenities. The property is only one block from the East Boston Police Headquarters, adding to the appeal of this prime location.Extensively renovated just a few years ago, this turnkey investment requires nothing more than a new owner. Purchase today and start collecting rental income immediately.Don’t miss this excellent opportunity to own a well-maintained, income-producing property in a highly desirable area.open house on Saturtady and Sunday

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Recently Sold Nearby

Property History

Market Insights

2

Price Changes

12.3%

Price Range

1

Previous Sales

Property Timeline

↓

Price Reduced

Jul 6, 2026

$1,449,721 $50,000 (-3.33%)

From $1,499,721 to $1,449,721 (-3.3%)

↓

Price Reduced

Jun 21, 2026

$1,499,721 $40,000 (-2.6%)

From $1,539,721 to $1,499,721 (-2.6%)

🏠

Listed for Sale

Jun 10, 2026

$1,539,721

Original listing

Agent: Albeiro Lopera Office: United Brokers

Previous Transaction - MLS #73402864

Full transaction history available when tracking began

🏷️

Previously Sold

Sep 3, 2025

$1,350,000

MLS #73402864

View Listing →

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/06/2026	↓ Price Reduced	$1,449,721	$50,000	-	From $1,499,721 to $1,449,721 (-3.3%)
06/21/2026	↓ Price Reduced	$1,499,721	$40,000	-	From $1,539,721 to $1,499,721 (-2.6%)
06/10/2026	🏠 Listed for Sale	$1,539,721	-	-	Original listing
09/03/2025	🏷️ Previously Sold	$1,350,000	-	-	MLS #73402864

Tax History

Year	Taxes	Assessment
2025	$8,260	$713,300

Financial Details

Annual Property Tax

$8,260

Tax Year 2025

Assessed Value

$713,300

Facts & Features

Central AC

Home Facts

Type Residential Income

Style Multi Family

Year Built 1940

Living Area 3,230 sq ft

Lot Size 0.03 acres

Bedrooms 6

Full Baths 5

Total Rooms 11

Investment Metrics

Units 3

Unit 1 Rent $4,000/mo · Y

Unit 2 Rent $3,600/mo · N

Unit 3 Rent $3,600/mo · Y

Total Monthly Rent $11,200/mo

Gross Income $134,400

Net Operating Income $134,400

Cap Rate 9.27%

Interior

Heating Central

Cooling Central Air

Flooring Wood, Tile

Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave

Fireplace None

Basement Full

Laundry None

Features Kitchen, Living Rm/dining Rm Combo

Exterior

Construction Frame, Stone

Architecture None

Roof Wood

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Paved Drive, On Street

Utilities

Electric 220 Volts

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $8,260

Assessed Value $713,300

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Documents None

County Suffolk

Total market time (incl. prior listings) 30 days

Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1940

Bedrooms

6

Full Bathrooms

5

Living Area

3,230 sq ft

Total Rooms

11

Stories

3

Levels

3

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave

Interior Features: Kitchen, Living RM/Dining RM Combo

Windows:

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1940

Structure Type:

Exterior Materials: Frame, Stone

Roof: Wood

Foundation: Concrete Perimeter

Stories: 3

Heating, Cooling & Utilities

Heating: Central

Cooling: Central Air

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features: Paved Drive, On Street

Nearby Schools

School District

Boston School District local

C-

🎓 Where Graduates Go Class of 2021

52% attend college

38% 4-Year 14% 2-Year 7% Out of State 7% Working

⚠ School Safety 2024-25

3.7% Above Average

3.2% Suspensions 0.3% In-School 0.5% Emergency

↓ 1.8% below state avg

E

Elementary Schools

3 schools

Kennedy Patrick Elem

0.2 mi

Otis Elementary

0.5 mi

C+

Otis Elementary School

0.5 mi | #551 of 824 | Score: 42.9

Dropped 160 spots from last year

-15.3 below state avg

408 students Moderate

Grades PK-06

M

Middle Schools

3 schools

C-

Joseph A. Browne School

1.0 mi | #290 of 352 | Score: 32.4

Improved 56 spots from last year

-25.8 below state avg

487 students Less Diverse

Rising School

Grades 05-08

B

Eugene Wright Science and Technology Academy

1.0 mi | #9 of 16 | Score: 29.9

Improved 348 spots from last year

-28.3 below state avg

436 students Less Diverse

Rising School

Grades 05-08

D

Clark Avenue School

1.1 mi | #329 of 352 | Score: 28.3

Improved 32 spots from last year

-29.9 below state avg

673 students Less Diverse

Rising School

Grades 05-08

H

High Schools

3 schools

East Boston High

0.4 mi

C-

East Boston High School

0.4 mi | #305 of 346 | Score: 37.3

Improved 31 spots from last year

-20.9 below state avg

1,252 students Less Diverse

14 sports • 584 athletes

Early College Program Rising School

Grades 07-12

Seaport Academy School

1.3 mi

Grades 07-12

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Location

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Neighborhood

East Boston

22-24 Shelby St, Boston MA 02128

Boston, MA 02128

Listing Information

Listing Agent Albeiro Lopera

Listing Office United Brokers

Office Phone 781-629-2258

Agent MLS ID BB808298

Office MLS ID BB9067

Listing Data Updated Jul 10, 2026 3:05 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak

BMN Boston Real Estate

(617) 955-2224 mail@steve-novak.com

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