$525,000
1
Bed
1
Bath
404
Living Area
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Property Description
With a current cap rate of 4.6% and the potential to reach 5.2% if rents are adjusted to market value, this Beacon Hill one-bedroom residence presents a refined, turnkey investment in one of Boston’s most coveted and supply-constrained neighborhoods. A private street-level entry opens to an expansive living room with hardwood floors, high ceilings, custom built-ins, and a decorative fireplace, complemented by an updated kitchen with granite countertops and stainless steel appliances and gas cooking. The property boasts an A+ location with a Walk Score of 99 and a Transit Score of 100, with all major subway lines accessible within a ten-minute walk. The location offers exceptional proximity to Boston’s world-class academic, healthcare, government, and financial institutions. Benefiting from a low monthly HOA fee, this is a compelling opportunity for investors seeking stable income and long-term appreciation, as well as end-users looking for a centrally located home with enduring value.
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Highlights
- Area: Beacon Hill
- Cooling: Window Unit(s)
- HOA Fee: $178
- Property Type: Condominium
- Total Rooms: 2
- Year Built: 1899
- Building Name: 49-53 Grove Street Association
- Heating: Baseboard, Natural Gas
- Property Class: Residential
- Stories: 1
- Unit Number: A
- Status: Closed
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Additional Details
- Appliances: Range, Oven, Refrigerator, Freezer
- Exclusions: Tv And Mount. Tenant’s Personal Property.
- Flooring: Hardwood
- Roof: Rubber
- Total Number of Units: 10
- Year Built Source: Public Records
- Basement: N
- Fireplaces: 1
- Pets Allowed: Yes w/ Restrictions
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Cd
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Private School, Public School, T-Station, University, Other
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $432,400
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
- Taxes: $5,402
- HOA Fee Frequency: Monthly
- Tax Year: 2026
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
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MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.