Unit Information
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.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Area: Back Bay
- Zip Code: 02115
- Levels: 4
- Parking
- Parking: Off Street, Leased
- Parking Spaces: 4
- Rooms and Dimensions
- Total Units: 23
- Total Floors: 4
- Total Rooms: 51
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$10,000,000
- Listing ID: 73356963
- Bedrooms: 23
- Full Baths: 23
- Living Area: 13,246 sqft Convert
- Lot Size: 3,920 sqft Convert
- Acres: 0.09
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |