529 Beacon St new Save Request In-Person Tour Request Virtual Tour
Boston,MA 02115
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 13,246 sqft
Price per Sqft $754
MLS Listing ID 73356963
Bedrooms 23
Full Baths 23
Year Built 1899
Annual Tax Amount $51,616
Tax Year 25
Lot Size 3,920 Sqft
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
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.
Location
State MA
County Suffolk
Area Back Bay
Zoning A
Exterior
Community Features 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
Waterfront Description Beach Front,1/2 to 1 Mile To Beach
Roof Type Rubber
Building
Lot Description Other
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public