Buyer's couldn't qualify, time to scoop this deal! VACANT 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: Vacant, 3-bedroom - Unit 3: Vacant, configured 1-bedroom + office/gym but easily converted back to a 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.
Sold for $1,600,000
$1,600,000
54 I St, South Boston, MA 02127
8beds
2,808sqft
3 Family
Built in 1910
-- sqft lot
$1,614,700 Zestimate®
$570/sqft
$6,280 Estimated rent
Home value
$1,614,700
Estimated sales range
Not available
$6,280/mo
Zestimate® history
Owner options
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$6,280/mo
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$6,280/mo
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$9,528/mo
Est. payment
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$9,528/mo
Est. payment
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List your homeWhat's special
Future roof deckFull walk-up staircase
Zillow last checked:
Listing updated:
Listed by:
James Riel 617-913-4259,
JR Associates 617-913-4259,
James Riel 617-913-4259
Bought with:
James Riel
JR Associates
Source: MLS PIN,MLS#: 73362563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Tile, Laminate, Hardwood
- Basement: Full,Partially Finished,Concrete,Slab,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
- Finished area above ground: 2,808
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Water, Canal, Harbor
- Has water view: Yes
- Water view: Canal,Harbor,Water
- Waterfront features: Harbor, Sound, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Lot
- Size: 1,028 sqft
- Features: Corner Lot
Details
- Parcel number: W:06 P:03205 S:000,1414290
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame, Brick
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers, 60 Amps/Less, 100 Amp Service, Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Marina, Public School, T-Station
Location
- Region: South Boston
HOA & financial
Other financial information
- Total actual rent: 4250
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Sold | $1,600,000-5.8%$570/sqft |
Source: MLS PIN #73362563 Report a problem | ||
| 9/2/2025 | Price change | $1,699,000-2.9%$605/sqft |
Source: MLS PIN #73362563 Report a problem | ||
| 8/15/2025 | Price change | $1,750,000-2.8%$623/sqft |
Source: MLS PIN #73362563 Report a problem | ||
| 6/17/2025 | Price change | $1,799,999-2.7%$641/sqft |
Source: MLS PIN #73362563 Report a problem | ||
| 5/27/2025 | Price change | $1,850,000-3.6%$659/sqft |
Source: MLS PIN #73362563 Report a problem | ||
| 4/22/2025 | Listed for sale | $1,920,000$684/sqft |
Source: MLS PIN #73362563 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,070 +6.1% | $1,387,700 -0.1% |
| 2024 | $15,142 +9.6% | $1,389,200 +8% |
| 2023 | $13,815 +8.6% | $1,286,300 +10% |
| 2022 | $12,723 +2% | $1,169,400 |
| 2021 | $12,477 +18.9% | $1,169,400 +17.6% |
| 2020 | $10,497 +10.2% | $994,000 +10% |
| 2019 | $9,527 +7.7% | $903,900 +7% |
| 2018 | $8,849 +360.3% | $844,400 +5% |
| 2017 | $1,922 -75% | $803,900 +15% |
| 2016 | $7,689 +13.8% | $699,000 +25.3% |
| 2015 | $6,754 +0.1% | $557,700 +8.6% |
| 2013 | $6,745 +8% | $513,300 +7.2% |
| 2012 | $6,244 +7.1% | $478,800 +5% |
| 2011 | $5,832 +12% | $456,000 +4% |
| 2010 | $5,208 -1.9% | $438,400 -12.2% |
| 2009 | $5,308 -7.8% | $499,300 -4.8% |
| 2008 | $5,754 -6.5% | $524,500 -6.4% |
| 2007 | $6,157 | $560,200 |
Find assessor info on the county website
Neighborhood: South Boston
Nearby schools
GreatSchools rating
- 5/10Joseph P. Tynan Elementary SchoolGrades: PK-6Distance: 0.1 mi
- 3/10James F. Condon SchoolGrades: PK-8Distance: 0.7 mi
- 2/10Excel High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$1,614,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,614,700
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