HomeBoston2 Family - 2 Units Side by Side118 South Street, Boston MA 02111
118 South Street, Boston MA 02111 — photo 1 of 281 / 28
$1,500,000
118 South Street, Boston MA 02111
2 units · 1 bd · 3 ba · 2,952 sqft · $750,000/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02111) yet.

About this property

A truly rare opportunity to reimagine nearly 3,000 SF on an entire floor in Boston's Leather District, just one block from South Station. Units 4A and 4B are being offered together for the first time since 1979, creating the opportunity to transform this expansive footprint into something entirely your own. The 2,052 SF 4B offers a remarkable blank canvas with newly refinished hardwood floors, an open floor plan, and the scale to create a spectacular single-level loft, or thoughtfully reconfigure the space with a dream kitchen, bathroom oasis, multiple living areas, and additional potential bedrooms. The fourth floor also has roof rights for an approximately 300 SF deck on the south side of the roof. Alternatively, the two units could remain separate, with 4A providing immediate rental income at $2,600/month. Mixed-use zoning adds further flexibility for a live/work concept, creative studio, or professional use. Offered well below the current assessed value, the pricing reflects the opportunity to add value through renovation and represents a significant discount to comparable neighborhood pricing. A freight elevator opens directly into 4B for deliveries and moving; it is not a passenger elevator, and stairs are required to access the 4th floor. The building also features a 2026 roof and newer gas-fired heat serves both units. An exceptional opportunity to create a truly one-of-a-kind property in one of Boston's most connected neighborhoods.

Property details

Units2
Living area2,952 sqft
Lot size2,952 sqft
Year built1910
Price / sqft$508
CountySuffolk
MLS #73566896

Listing status

Days on market0 days
Listed onAugust 21, 2026

Taxes & financials

Annual property tax$22,641
Tax year2027
Assessed value$1,809,200
ZoningMixed-Use
Gross income (actual)$31,200/yr
Net operating income (actual)$17,431/yr
Total actual rent$2,600/mo

Building & lot

Stories2
Total rooms8
Lot size0.07 acres
Garage spaces0
Parking spaces0
FoundationGranite
RoofRubber
FlooringHardwood

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Boston

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 118 South Street, Boston MA 02111 have?

It is a 2-unit multi-family property with 2,952 sqft of living area, built in 1910.

How long has 118 South Street, Boston MA 02111 been on the market?

118 South Street, Boston MA 02111 has been listed for 0 days (since August 21, 2026).

What is the price per unit?

At a list price of $1,500,000 across 2 units, that works out to roughly $750,000 per unit.

What are the property taxes on 118 South Street, Boston MA 02111?

Annual property taxes are $22,641 (2027), on an assessed value of $1,809,200.

What is the price per square foot?

At $1,500,000 for 2,952 sqft, that's about $508 per square foot.

Where is this property located?

118 South Street, Boston MA 02111 is in Boston, Suffolk County, MA 02111.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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