529 Beacon St, Boston, (Back Bay), MA, 02115

51 rooms
23 beds
23 Full baths
1899
13,246 sqft
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.
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
23
Zoning:
A
Levels:
4
Parking:
4-car, Off Street, Leased
Acreage:
0.09
Est. Taxes:
$51,616
Assessment
$4,414,200
Lot Description:
Other
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
MLS #:
73356963
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
Community Info
School Info
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Listing courtesy of Kelleher - Pentore Team, Horvath & Tremblay Phone: 781-776-4000