Rare opportunity to acquire a fully utilized, turn-key mixed-use investment property in the heart of Downtown Boston. Notably restored and combined in 2016, 45 Broad Street and 119 Water Street comprise a boutique 11-unit asset featuring nine highly desirable one-bedroom apartments and two prime street-level restaurant spaces. Originally home to large-scale printing operations, the buildings retain distinctive architectural character with high ceilings, oversized windows, exposed structural elements and substantial timber joists throughout. Current ownership completed a comprehensive redevelopment of the properties, creating a stabilized, generational-quality asset with no immediate capital improvements anticipated. All residential units feature central air conditioning, in-unit laundry and high-end finishes, while the two commercial spaces provide additional income and diversification to the rent roll. Ideally positioned just blocks from Boston Harbor, the Rose Kennedy Greenway and Financial District, the property benefits from an exceptional Downtown location, strong residential demand, limited competing inventory and significant barriers to entry for comparable new development. An exceptional opportunity for an investor seeking a stabilized, low-maintenance Boston asset combining durable income, irreplaceable historic character and long-term appreciation potential.
For sale
$8,000,000
45 Broad St, Boston, MA 02109
9beds
13,139sqft
5-9 Family
Built in 2016
-- sqft lot
$-- Zestimate®
$609/sqft
$-- HOA
What's special
Central air conditioningDistinctive architectural characterIn-unit laundryPrime street-level restaurant spacesExposed structural elementsHigh-end finishesSubstantial timber joists throughout
- 4 days
- 794
- 17
Zillow last checked:
Listing updated:
Listed by:
Eliott Levine 401-663-8049,
Olde Forge Realty 617-293-2395
Source: MLS PIN,MLS#: 73575427
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 12
- Full bathrooms: 9
- 1/2 bathrooms: 3
Heating
- Forced Air, Unit Control, Hydro Air
Cooling
- Central Air, Individual, Unit Control
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Cathedral/Vaulted Ceilings, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Open Floorplan, Remodeled, Internet Available - Broadband, Walk-Up Attic, Heated Attic, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Windows: Insulated Windows
- Basement: Full,Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 13,139
- Total interior livable area: 13,139 sqft
- Finished area above ground: 13,139
Property
Features
- Patio & porch: Deck - Roof, Deck - Composite
- Exterior features: Varies per Unit
- Has view: Yes
- View description: City View(s)
Lot
- Size: 1,842 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: W:03 P:03825 S:000
- Zoning: RC
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 2016
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Icemaker Connection
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, T-Station, University
Location
- Region: Boston
Financial & listing details
- Price per square foot: $609/sqft
- Tax assessed value: $4,133,800
- Annual tax amount: $74,229
- Date on market: 9/10/2026
- Total actual rent: 200
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $8,000,000$609/sqft |
Source: MLS PIN #73575427 Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/12/2023 | Listed for rent | $3,850+33.9% |
Source: Zillow Rentals Report a problem | ||
| 8/24/2018 | Listing removed | $2,875 |
Source: Zillow Rental Manager Report a problem | ||
| 7/26/2018 | Listed for rent | $2,875+8.5% |
Source: Zillow Rental Manager Report a problem | ||
| 11/2/2016 | Listing removed | $2,650-24.3% |
Source: Jacob Realty Report a problem | ||
| 6/21/2016 | Listing removed | $3,500 |
Source: . Report a problem | ||
| 3/13/2016 | Listed for rent | $3,500+16.7% |
Source: NextGen Realty Report a problem | ||
| 9/9/2015 | Listing removed | $3,000 |
Source: Postlets Report a problem | ||
| 8/11/2015 | Price change | $3,000-3.2% |
Source: Postlets Report a problem | ||
| 7/29/2015 | Listed for rent | $3,100 |
Source: Postlets Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
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