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.
Listed by James Riel
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JR Associates
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617-913-4259
Last updated September 02, 2025
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Source: MLSPin #73362563
Listing Facts
TypeMulti-family
NeighborhoodTelegraph Hill
Bedrooms8
Bathrooms3
Days on Prevu137
Taxes$16,070/year
Size2,808 sqft
Price per sqft$605
Location
Mortgage Calculator
Listing History
09/03/2025
Price Decreased
$1,699,000
08/16/2025
Status changed to Active
$1,750,000
08/16/2025
Price Decreased
$1,750,000
07/16/2025
Status changed to Pending
$1,799,999
06/17/2025
Price Decreased
$1,799,999
05/27/2025
Price Decreased
$1,850,000
04/22/2025
Listed by JR Associates
$1,920,000
Property Details for 54 I St
Association
Amenities
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Marina, Public School, T-Station
Exterior
Construction
Number Of Units Total: 3
Roof: Rubber
Stories: 3
Stories Total: 3
Year Built: 1910
Year Built Details: Approximate
Construction Materials: Frame, Brick
Features
Road Frontage Type: Public
Waterfront Features: Harbor, Sound, 1/10 To 3/10 To Beach, Beach Ownership(Public)
Electric: Circuit Breakers, 60 Amps/Less, 100 Amp Service, Other (See Remarks)
Sewer: Public Sewer
Utilities: For Gas Range, For Gas Oven
Water Source: Public
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