Artboard 1? alert-icon? Artboard 1? ? ? delete-icon? edit-icon? email-icon hide-hover-icon? Artboard 1? login-icon-white Artboard 1? next-icon-left next-icon-right-left next-icon-left-ochre next-icon next-icon-right-grey next-icon-right-ochre plus-with-circle-iconP search-fw-icon? search-icon-ochre search-icon-white

59 Joy Street

Beacon Hill, Boston, MA 02114
1 of 4 Photos Map
$1,449,000
3 Beds
3 Baths
1,704 Living Area
  • Property Description
    This offering presents a fully occupied three-family residential building in Boston's Beacon Hill neighborhood, consisting of three one-bedroom units with a clear value-add opportunity. One unit has been fully renovated and rents for $3,550 per month, while the two unrenovated units average approximately $2,500 per month. Because all three units share the same layout, the renovated unit shows what the others can achieve: renovating the remaining two could add roughly $1,050 per unit per month, or about $25,000 in annual gross rent. Meanwhile, the property generates in-place income from day one. The building is just steps from Cambridge Street and Massachusetts General Hospital, one of the region's largest employers, and a short walk 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 for one-bedroom units, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With stable occupancy, a proven value-add business plan with meaningful upside, this property is an attractive investment in one of Boston's most desirable and supply-constrained submarkets.
  • Highlights
    • Area: Beacon Hill
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1880
    • Levels: 3
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 12
    • Status: Active
  • Additional Details
    • Construction: See Remarks
    • Lot Features: Other
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: H-2-65
    • Foundation: Other
    • Roof: Other
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $1,762,500
    • Taxes: $21,855
    • Tax Year: 2026
    • Total Rent: $8,575

Location

59 Joy Street, Boston, MA 02114

Loading Map...

Similar Listings

63 Webster Ave 1
27 Photos
63 Webster Ave Somerville, MA 02143
$1,625,000
9 Beds 3 Baths 3,327 Sqft
View Details
185 Devonshire St #100 1
10 Photos
185 Devonshire St #100 Boston, MA 02110
$1,600,000
0 Beds 0 Baths 3,529 Sqft
View Details
20 Harding St 1
8 Photos
20 Harding St Cambridge, MA 02141
$1,599,900
6 Beds 3 Baths 2,496 Sqft
View Details
Sold
46 Fayette St 1
16 Photos
46 Fayette St Boston, MA 02116
$1,725,000
4 Beds 4 Baths 2,200 Sqft
View Details
Sold
288 Athens St 1
19 Photos
288 Athens St Boston, MA 02127
$1,725,000
7 Beds 3 Baths 2,964 Sqft
View Details
Sold
25 Washington St 1
42 Photos
25 Washington St Somerville, MA 02143
$1,719,900
0 Beds 0 Baths 4,156 Sqft
View Details
Sold
25 Linden St 1
42 Photos
25 Linden St Somerville, MA 02143
$1,700,000
9 Beds 4 Baths 3,184 Sqft
View Details
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Boston Realty Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
  • Request More Information:

    617.262.2500
    When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.

    Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.

    For More Info Please Call:

    617.262.2500

    or

    Email Us
  • Hidden
  • This field is for validation purposes and should be left unchanged.

By joining you agree to our Terms of Use and Privacy Policy