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 si...
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Last Checked: June 22nd, 2025 at 4:43am (Source: MLS PIN #73362563)
Gross Income: $51,000
Gross Expenses: $21,533
Net Income Calc: $29,467
CAP Rate: 1.64%
Water Views
Annual Expenses for 54 I St, Boston MA 02127
Total Gross Expenses (Calculated)$21,533/year
APOD AvailableYes
Heating
Electricity$300
Water$760
Gas$760
Insurance$4,403
Sewer$760
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$16,070
Annual Income & Unit Breakdown for 54 I St, Boston MA 02127
Total Gross Income (Calculated)$51,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,400
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 54 I St, Boston MA 02127
Listing ID73362563
Property TypeMulti Family / 3 Family
Price$1,799,999 ($641.03/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,808 SqFt
Approximate Lot Size (Acres)0.02 acres
Total Parking0
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Brick
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront FeaturesHarbor, Sound, 1/10 To 3/10 To Beach, Beach Ownership(public)
Energy Features
Terms
Disclosures for 54 I St, Boston MA 02127
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosurePublic record shows 8 beds total. Unit #3 removed
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$21,681
Total Gross Income By Broker$51,000
Total Net Income By Broker$29,319
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 54 I St, Boston MA 02127
Real Estate Taxes$16,070
Tax Year2025
Assessed Value$1,387,700
Financial Data SourceOwner
Total Gross Expenses By Broker$21,681
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$51,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$29,319
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.64%
Location Information for 54 I St, Boston MA 02127
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Laundromat, Public Transportation, T-station, Marina