$10,000,000
529 Beacon St
Boston, MA, 02115
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.
Property Details
Price:
$10,000,000
MLS #:
73356963
Status:
Active
Beds:
23
Baths:
23
Address:
529 Beacon St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
Back Bay
City:
Boston
Listed Date:
Apr 9, 2025
State:
MA
Finished Sq Ft:
13,246
Total Sq Ft:
13,246
ZIP:
02115
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1899
Units:
23
Schools
Interior
Bathrooms
23 Full Bathrooms
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
Parking Features
Off Street, Leased
Parking Spots
4
Roof
Rubber
Financial
Tax Year
25
Taxes
$51,616
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Horvath & Tremblay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
529 Beacon St
Boston, MA
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