For Sale
59 Joy St, Boston, MA
Boston · MA 02114
- $1,449,000
- Price
- 3
- Beds
- 3
- Baths
- 1704
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
3 Units
Lot size:
720 Sq.Ft Lot
Price per square foot:
$850 / Sq.Ft
Parking:
No Parking
About this home
This offering presents a fully occupied three-family residential building in Boston's Beacon Hill neighborhood, consisting of three one-bedroom units with a clear value-add opportunity. One unit has been fully renovated and rents for $3,550 per month, while the two unrenovated units average approximately $2,500 per month. Because all three units share the same layout, the renovated unit shows what the others can achieve: renovating the remaining two could add roughly $1,050 per unit per month, or about $25,000 in annual gross rent. Meanwhile, the property generates in-place income from day one. The building is just steps from Cambridge Street and Massachusetts General Hospital, one of the region's largest employers, and a short walk to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand for one-bedroom units, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With stable occupancy, a proven value-add business plan with meaningful upside, this property is an attractive investment in one of Boston's most desirable and supply-constrained submarkets.
Neighborhood & Transit
Beacon Hill
59 Joy St, Boston · MA 02114
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Bowdoin Blue 0.17 mi
-
Charles/MGH Red 0.29 mi
-
Government Center BlueGreen 0.29 mi
-
Park Street GreenRed 0.30 mi
-
State BlueOrange 0.38 mi
-
Haymarket GreenOrange 0.38 mi
-
North Station GreenOrange Commuter Rail 4 routes 0.38 mi
- Fitchburg Line
- Haverhill Line
- Lowell Line
- Newburyport/Rockport Line
-
Downtown Crossing OrangeRed 0.41 mi
-
Science Park/West End Green 0.46 mi
-
Boylston Green 0.49 mi
Price Insight
- Days on Market:
- 30 days
- Listing Price:
- $1,449,000
- Price per Sq.Ft:
- $850
- Tax Assessment:
- $1,762,500 in 2026
- Taxes:
- $1,821 / Monthly
Home Facts
Interior Features
- Bedrooms
- 3
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 1,704 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1704
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 720 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Other (See Remarks)
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Kevin Benzinger
- Listing office
- Boston Realty Advisors
- MLS PIN #
- 73586459
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