
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
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
$8,000,000
Sep 10, 2026
MLS® 73575427
$3,595
Jun 30, 2025
MLS® 73336785
$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
2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Eliott Levine
Listing Office: Olde Forge Realty
MLS® Number: 73575427
Related Insights

Boston First-Time Buyers: Who to Call in Order

Boston Condo Tax Bill Worksheet for First-Time Buyers
2026 Boston Condo Map for First-Time Buyers by T Line

Boston Buyers’ Reassessment Tax Playbook

Boston’s June Inventory Mirage: Why Fresh Homes Still Feel Scarce

The 5.1% Cap Rate Question: Is Boston Multifamily a Buy?

Boston Homeowners’ Lifeline? May RTO Mandates Could Help Avert a 13% Tax Hike

Boston Luxury Homes at Risk: How Cash Buyers Set the $3M+ Floor This Spring
Browse More Homes in Boston
Explore other active listings in the area.
$999,0009 Blanvon RoadBoston, MA6 bd3 ba3,219 sqft
$899,99992+96 WaldemarBoston, MA4 bd3 ba2,038 sqft
$999,89565 Dennis StreetBoston, MA6 bd3 ba3,643 sqft
$1,399,900349 Adams StBoston, MA12 bd6 ba4,302 sqft
$1,199,000162 Howard AveBoston, MA11 bd3 ba4,597 sqft
$521,3803 Oakhurst StBoston, MA5 bd4 ba1,541 sqft