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South Boston Apartment Building For Sale
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55 West Fifth Street, Boston, MA 02127

51-unit apartment building in thriving South Boston neighborhood.

Property SizeContact for details
Days on Market205

Property Features for 55 West Fifth Street

General Information

Standard status Active
Property subtype Mid-Rise Multi-Family
Occupancy 100%

Building Details

Year Built 2022
Units 51
Listing Agency: Lawyers Realty Group
Listed By: Casey Valente · License #MA #9552815
Source: Nmrk
Added: Jan 27 Changed: Aug 16 Last Checked: Aug 20 at 5:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lawyers Realty Group

Investment Insights

Based on property information with market context.

Located in the thriving residential neighborhood of South Boston, Massachusetts, 55 West Fifth Street is a six-story apartment building featuring 51 units and a fully leased commercial unit. Delivered in 2022, the 100% leased asset offers a premier urban living experience with high-quality studio to two-bedroom apartment units. Modern amenities include a rooftop terrace and below grade parking. The property benefits from its location just south of Downtown Boston and the Seaport District, in a highly walkable area with proximity to popular restaurants, the MBTA Red Line, major employers, and mixed-use developments. South Boston continues to increase its profile as one of the city’s most desirable residential destinations for affluent young professionals and families due to the neighborhood’s distinct character, vibrant amenities, convenient access to public transportation and adjacency to major employers. 55 West Fifth Street presents an attractive acquisition opportunity poised to benefit from Boston’s status as a high barrier-to-entry multi-family market.

Key Highlights

  • 100% leased 51‑unit apartment building with commercial unit in South Boston.
  • Delivered in 2022, offering modern, high‑quality studio to two‑bedroom apartments.
  • Premier urban living experience with amenities including a rooftop terrace and below‑grade parking.

Property Analytics

Current Use

FedEx Drop Box Postal Service The YAHD Gym & Fitness Center

Suggested Use

Top Pick Auto Parts Store Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Plumbing Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,389
Businesses Nearby

Demographics for 02127, MA

37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 51-unit apartment building in thriving South Boston neighborhood.
Where is this apartment building located?
The property is located at 55 West Fifth Street Boston, MA.
What are key features of this property?
This property features: 100% leased 51‑unit apartment building with commercial unit in South Boston.; Delivered in 2022, offering modern, high‑quality studio to two‑bedroom apartments.; Premier urban living experience with amenities including a rooftop terrace and below‑grade parking.
More about this property
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