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:
$1,850,000
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
Lot Size:
1,028 sqft / 0.02 acres (approx)
Year Built:
1910
Units:
3
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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
Tax Year
2025
Taxes
$16,070
Map
Community
- Address54 I St Boston MA
- CityBoston
- CountySuffolk
- Zip Code02127
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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.
54 I St
Boston, MA
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