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ActiveListed 15 days ago

$1,449,000

59 Joy Street, Beacon Hill, Boston, MA 02114

3
beds
3
baths
1,704
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
720 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1880
On the marketDays since the home was listed. New listings tend to move fastest.
15 days ago
Property type
3 Family - 3 Units Up/Down
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$850
ParkingSpaces that come with the home, as reported to the MLS.
0 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$21,855

What’s Special

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.

Listing courtesy of Kevin Benzinger, Boston Realty Advisors · MLS PIN #73586459

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
3
Bathrooms
3 full
Living area
1,704 sqft

MLS PIN #73586459 · Listed October 4, 2026

Location

59 Joy Street, Beacon Hill, Boston · All Beacon Hill homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Listing courtesy of David Hassman, Boston Property Services, LLC · MLS PIN #73587435

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.