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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.
General Information for 529 Beacon St Back Bay, MA 02115 |
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| Town | Boston - Back Bay |
| Village | Back Bay |
| County | Suffolk |
| Stories | 4 |
| SQFT | 13,246 |
| Status | Under Contract |
| Listing Number | 73356963 (MLSPIN) |
Rooms Information for 529 Beacon St Back Bay, MA 02115 |
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Interior Information for 529 Beacon St Back Bay, MA 02115 |
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Exterior Information for 529 Beacon St Back Bay, MA 02115 |
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| Lot Size | 0.09 acres |
| Lot Description | Other |
| Parking | Spaces: 4 Off Street Leased |
| Lot | Other |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 529 Beacon St Back Bay, MA 02115 |
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| Neighborhood 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 |
Miscellaneous Information for 529 Beacon St Back Bay, MA 02115 |
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| Year Built | 1899 |
| Association Fee | 0 |
| Taxes | $51,616 /Yr |
| Comp | Buyer Agency Compensation:1.5 Buyer Agency Compensation Type:% Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On:Net Sale Price Sub-Agency Relationship Offered:No |
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| Condo | Data |
|---|---|
| Units | 7,149 |
| Avg Price | $993,813 |
| Avg Days Listed | 85 |
| Total New Listings | 33 |
| House | Data |
|---|---|
| Units | 12,377 |
| Avg Price | $1,294,305 |
| Avg Days Listed | 72 |
| Total New Listings | 0 |
| Multi-Family | Data |
|---|---|
| Units | 1,850 |
| Avg Price | $1,280,827 |
| Avg Days Listed | 99 |
| Total New Listings | 0 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 57 minutes ago |
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.
(AN2723/TM359859)
