Active
1 Days on market
45 Broad St Boston — Photo 1 of 11

45 Broad St Boston — Photo 1 of 11

$8,000,000

45 Broad St, Boston, MA 02109

Boston, MA 02109 — Midtown

Beds

9

Baths

10.5

SqFt

13,139

Style

5-9 Family

Built

2016

Rare opportunity to acquire a fully utilized, turn-key mixed-use investment property in the heart of Downtown Boston. Notably restored and combined in 2016, 45 Broad Street and 119 Water Street comprise a boutique 11-unit asset featuring nine highly desirable one-bedroom apartments and two prime street-level restaurant spaces. Originally home to large-scale printing operations, the buildings retain distinctive architectural character with high ceilings, oversized windows, exposed structural elements and substantial timber joists throughout. Current ownership completed a comprehensive redevelopment of the properties, creating a stabilized, generational-quality asset with no immediate capital improvements anticipated. All residential units feature central air conditioning, in-unit laundry and high-end finishes, while the two commercial spaces provide additional income and diversification to the rent roll. Ideally positioned just blocks from Boston Harbor, the Rose Kennedy Greenway and Financial District, the property benefits from an exceptional Downtown location, strong residential demand, limited competing inventory and significant barriers to entry for comparable new development. An exceptional opportunity for an investor seeking a stabilized, low-maintenance Boston asset combining durable income, irreplaceable historic character and long-term appreciation potential.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$609/sqft
Local Avg (Boston)$547/sqft
11% AboveMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$8,000,000
Annual Taxes$74,229.32

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms20
FireplacesNone
Flooring--
BasementFull, Finished, Concrete

Climate & Utilities

HeatingForced Air, Unit Control, Hydro Air
CoolingCentral Air, Individual, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.04
SqFt Lot1,842
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Listed
$8,000,000

Sep 10, 2026

MLS® 73575427

Expired
$3,595

Jun 30, 2025

MLS® 73336785

Listed
$3,595

Feb 20, 2025

MLS® 73336785

Population

3,612

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$159K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

68.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Eliott Levine

Listing Office: Olde Forge Realty

MLS® Number: 73575427

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