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$ 6,400,000
Est. payment /mo
New
44-44A Joy Street Boston, MA 02114
18 Beds
20 Baths
10,565 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 10,565 sqft
Price per Sqft $605
MLS Listing ID 73591915
Bedrooms 18
Full Baths 20
Year Built 1909
Annual Tax Amount $55,967
Tax Year 2026
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
This offering presents a rare opportunity to acquire a 20-unit multifamily asset in Boston's Beacon Hill neighborhood, consisting of six studios, ten one-bedroom, and four two-bedroom units. Seven of the units have been renovated, six of them with in-unit washer/dryers, and high end finishes, leaving a clear value-add opportunity through renovating the remaining units. Heating is forced hot water; one boiler, approximately 5 years old, and the building has a centrally monitored fire alarm. The property is a short walk from the Massachusetts State House, Cambridge Street and Massachusetts General Hospital, one of the region's largest employers, and 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, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With in-place income, a proven value-add business plan and meaningful upside, this property is an attractive investment in one of Boston's most desirable and supply-constrained submarkets.
Location
State MA
County Suffolk
Area Beacon Hill
Zoning H-2-65
Direction 44 Joy St Boston, MA 02114
Interior
Flooring Other
Exterior
Exterior Feature Other
Community Features Other
Roof Type Other
Garage No
Building
Lot Description Other
Story 5
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Listed by Boston Realty Advisors
Nearby Locations
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