59 Joy Street, Boston, MA 02114
Local realty services provided by:CENTURY 21 Mario Real Estate
59 Joy Street,Boston, MA 02114
$1,449,000
- 3 Beds
- 3 Baths
- 1,704 sq. ft.
- Multi-family
- Active
Listed by: kevin benzinger
Office: boston realty advisors
MLS#:73586459
Source:MLSPIN
Price summary
- Price:$1,449,000
- Price per sq. ft.:$850.35
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....
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Home facts
- Year built:1880
- Listing ID #:73586459
- Updated:October 05, 2026 at 04:59 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Living area:1,704 sq. ft.
Structure and exterior
- Year built:1880
- Building area:1,704 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,449,000
- Price per sq. ft.:$850.35
- Tax amount:$21,855 (2026)
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