Sold!
$4,295,000
11
Beds
10/1
Baths
4,211
Living Area
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Property Description
Introducing 12 Grove Street, a fully restored six-unit building in the heart of historic Beacon Hill. This prime asset grosses nearly $300k/yr and offers a blend of classic Boston character and modern infrastructure, presenting a turnkey investment with proven rental history and significant appreciation potential. Renovated in 2012, the building features new plumbing, electrical systems, windows, kitchens, and baths, along with in-unit laundry, central air conditioning, and hydro-air heating with zoned thermostats. Many units offer private outdoor space—an exceptional rarity in Beacon Hill. Located steps from the Charles/MGH Red Line, the Charles River Esplanade, Whole Foods, and Massachusetts General Hospital, this property attracts high-quality tenants. With its mix of historic charm, modern amenities, and prestigious location, 12 Grove Street offers a unique opportunity for a stable, long-term investment in one of Boston's most sought-after neighborhoods.
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Highlights
- Area: Beacon Hill
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 15
- Status: Closed
- Has View: Yes
- Property Class: Residential Income
- Stories: 5
- Year Built: 1899
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Additional Details
- Basement: Full, Partially Finished, Concrete, Slab, Unfinished
- Exterior Features: Outdoor Gas Grill Hookup
- Foundation: Concrete Perimeter, Slab
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
- Construction: Brick
- Flooring: Wood
- Lot Features: Gentle Sloping
- Roof: Rubber
- Total Number of Units: 6
- Year Built Details: Approximate
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, T-Station, University
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,227,600
- Taxes: $25,796
- Tax Year: 2025
- Total Rent: $24,545
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