Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

529 Beacon St

Back Bay - Boston, MA ID #73356963

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529 Beacon St

Back Bay - Boston, MA ID #73356963

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Area: Back Bay
  • Zip Code: 02115
  • Taxes: 51,616
  • Levels: 4
  • Acres: 0.09

Parking

  • Parking: Off Street, Leased
  • Parking Spaces: 4

Rooms/Dimensions

  • Total Units: 23
  • Total Floors: 4
  • Total Rooms: 51

Location

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529 Beacon St, Boston, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kelleher - Pentore Team of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.