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 on 10/09/25
$1,600,000
54 I St, South Boston, MA 02127
8beds
2,808sqft
3 Family
Built in 1910
-- sqft lot
$1,600,100 Zestimate®
$570/sqft
$5,748 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 10, 2025 at 10:28am
Listed by:
James Riel,
JR Associates,
James Riel
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
- 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
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Estimated market value
$1,600,100