Active Under Contract
19 Days on market
118 South Street Boston — Photo 1 of 28

118 South Street Boston — Photo 1 of 28

$1,500,000

118 South Street, Boston, MA 02111

Boston, MA 02111 — Leather District

Beds

1

Baths

2.5

SqFt

2,952

Style

2 Family - 2 Units Side by Side

Built

1910

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$508/sqft
Local Avg (Boston)$380/sqft
34% AboveMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$1,500,000
Annual Taxes$22,641.14

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms8
FireplacesNone
FlooringHardwood
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationGranite
ZoningMixed-Use

Property & Lot

Acres0.07
SqFt Lot2,952
Lot FeaturesCorner Lot

Geography

Property History

Listed
$1,500,000

Aug 21, 2026

MLS® 73566896

Listed
$1,500,000

Aug 17, 2026

MLS® 73564476

Listed
$1,500,000

Aug 17, 2026

MLS® 73564457

Listed
$3,995

Jul 24, 2026

MLS® 73554711

Sold
$1,650

Aug 20, 2025

MLS® 73395821

Listed
$1,650

Jun 24, 2025

MLS® 73395821

Population

8,407

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

Median Household Income

$87K

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

Renter-Occupied Homes

73.8%

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: Randall Horn

Listing Office: Entourage Realty LLC

MLS® Number: 73566896

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