54 I St
$1,920,000
8
Beds
3
Baths
2,808
Sqft
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$1,920,000
8
Beds
3
Baths
2,808
Living Area
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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.
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Highlights
- Levels: 6
- Property Type: 3 Family
- Total Rooms: 17
- Status: Active
- Property Class: Residential Income
- Stories: 6
- Year Built: 1910
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Additional Details
- Basement: Full, Partially Finished, Concrete, Slab, Unfinished
- Flooring: Wood, Tile, Laminate, Hardwood
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame, Brick
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Marina, Public School, T-Station
- Waterfront Features: Beach Front, Harbor, Sound, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Parking Features: On Street
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Utilities
- Electric: Circuit Breakers, 60 Amps/Less, 100 Amp Service, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,387,700
- Taxes: $16,070
- Tax Year: 2025
- Total Rent: $4,250
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Listing information provided courtesy of JR Associates.
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