Sold

529 Beacon St, Boston, MA

Boston · MA 02215

$9,850,000
Price
23
Beds
23
Baths
13246
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1899
Units: 23 Units
Lot size: 3,920 Sq.Ft Lot
Price per square foot: $755 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

529 Beacon consists of a four-story brick building with 23 residential units comprised of 9 Studio units and 14 1-Bedroom/1-Bathroom units. Tenants of the property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. The Property also offers 4 parking spaces and an on site laundry facility. 529 Beacon, which is fully sprinklered, features recent capital improvements including a new roof (2024), renovated common areas and various cosmetic improvements to the units? interiors. 529 Beacon offers the opportunity to acquire a trophy asset in a highly desirable urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. In place rents are below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades.

Neighborhood & Transit

Back Bay

529 Beacon St, Boston · MA 02215

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Hynes Convention Center Green 0.23 mi
  • Kenmore Green 0.25 mi
  • Blandford Street Green 0.48 mi
  • Lansdowne Commuter Rail 1 route 0.50 mi
    • Framingham/Worcester Line

Price Insight

Days on Market:
483 days
Listing Price:
$10,000,000
Price per Sq.Ft:
$755
Tax Assessment:
$4,414,200 in 25
Taxes:
$4,301 / Monthly

Home Facts

Interior Features

Bedrooms
23
Full Bathrooms
23
Half Bathrooms
0
Living Area
13,246 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
13246
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
3,920 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Kelleher - Pentore Team
Listing office
Horvath & Tremblay
MLS PIN #
73356963
Disclosure
Total Monthly Rent is $58,525. $32,767 is the maximum input allowed by MLS