$10,000,000 ($754.94 per sqft)

Est. Mortgage $50,565/mo *

Quick Pre-Approval

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

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

Walk Score

Mass Transit

Yelp



Listing courtesy of Kelleher - Pentore Team, Horvath & Tremblay Phone: 781-776-4000