54 I St, Boston MA 02127 – 8 bed 3 bath For Sale – 73362563
Overview
- Updated On:
- April 22, 2025
-
- 73362563
- 8 Bedrooms
- 3 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1910
Description
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.
This property is listed by James Riel from JR Associates
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 1,920,000 |
| Living Area | 2,808.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 17 |
|---|---|
| Listing MLS ID | 73362563 |
| Days on Market | 0 |
| Bathrooms | 3 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | Yes |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full,Partially Finished,Concrete,Slab,Unfinished |
| Patio And Porch Features | |
| Parking Features | On Street |
| Waterview Features | Canal,Harbor |
| Flooring | Wood,Tile,Laminate,Hardwood |
Building Information
| Building Name | |
|---|---|
| Units in Building | 3 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,Harbor,Sound,1/10 to 3/10 To Beach,Beach Ownership(Public) |
| Association Fee Includes | |
| Construction Materials | Frame,Brick |
| Year Built | 1910 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full,Partially Finished,Concrete,Slab,Unfinished |
| Roof | Rubber |
Additional Details
| Community Features | Public Transportation,Shopping,Park,Laundromat,Highway Access,Marina,Public School,T-Station |
|---|---|
| Disclosures | Seller does not live in the property. Unit 1 moved out as of April 15th,they were paying $2,100/month. Unit's 2 and 3 are TAW but would be interested in staying. Building could be negotiated to be delivered vacant but not seller's preference. |
| Last Updated | 2025-04-22T18:06:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | W:06 P:03205 S:000,1414290 |
| Original List Price | 1920000 |
| Listing Office | jr associates |
| Tax Annual Amount | 16070 |
|---|---|
| Tax Assessed Value | 1387700 |
| Tax Book Number | 59993 |
| Tax Year | 2025 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | R3 |
| Listing Agent | james riel |
Amenities and Features
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54 I St, Boston MA 02127 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
54 I St, Boston MA 02127 – 8 bed 3 bath For Sale – 73362563
$ 1,920,000
Status: Active
54 I St, Boston MA 02127, Boston, , Suffolk 02127
Country: US
Property Overview
MLS #: 73362563
Type: 3 Family /
Action: Residential Income
Year Built: 1910 (Approximate, Source: Public Records, Effective: )
Living Area: 2,808.00 ft2 (Total: 2808 Square Feet, Source: Public Records)
Lot Size: 0.02 ft2 (Area: 0.02 Acres, SqFt: 1028)
Total Rooms: 17
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )
Basement: Full,Partially Finished,Concrete,Slab,Unfinished
Fireplaces: 0 ()
Flooring: Wood,Tile,Laminate,Hardwood
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame,Brick
Foundation: Brick/Mortar (Area: )
Roof: Rubber
Stories: 6 (6)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range,for Gas Oven
Electric: Circuit Breakers,60 Amps/Less,100 Amp Service,Other (See Remarks) (Expense: 300)
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features: On Street
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Corner Lot
View: (Canal,Harbor, Waterview Y/N: Yes)
Waterfront: Beach Front,Harbor,Sound,1/10 to 3/10 To Beach,Beach Ownership(Public)
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Park,Laundromat,Highway Access,Marina,Public School,T-Station
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: R3 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 3
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2400, Lease: N
Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1850, Lease: N
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 16070 (Year: 2025)
Tax Assessed Value: 1387700
Tax Block/Lot/Book/Map: / / 59993 /
Parcel Number: W:06 P:03205 S:000,1414290
Special Licenses:
Current Financing:
Gross Income: 51000 (Scheduled: )
Net Operating Income: 29319
Operating Expense: 21681 (Water/Sewer: 760, Insurance: 4403)
Financial Data Source: Owner
APOD Available: Yes
Tenant Pays:
Rent Includes:
Total Actual Rent: 4250
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: James Riel (MLS ID: CT004222) / Team: CT004222
Listing Office: JR Associates (MLS ID: AN0852)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-04-22
Expiration Date: 1900-01-01
Original List Price: 1920000
Price Per SqFt (List): 683.76
Market Time (Property): 0 (Broker: 0, Prev Broker: 0, Prev Property: 0)
MLS Status: New
Possession:
Directions: use GPS. Corner of H street and East 3rd Street.
Disclosures: Seller does not live in the property. Unit 1 moved out as of April 15th,they were paying $2,100/month. Unit's 2 and 3 are TAW but would be interested in staying. Building could be negotiated to be delivered vacant but not seller's preference., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: Public record shows 8 beds total. Unit #3 removed wall for open office layout. Easy to convert back. (Incl. Base: No, Other: )
Master Book/Page: / (Page: 31)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 2069535
Modification Timestamp: 2025-04-22T18:06:00.000Z
Bridge Modification Timestamp: 2025-04-22T18:06:27.943Z
Original Entry Timestamp: 2025-04-22T17:18:00.000Z
Status Change Timestamp: 2025-04-22T17:18:00.000Z
Off Market Date:
Development Status:
Business Type:
