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New Listing
$4,495,000
 $24,130 est/mo Sourced by Back At You

503 Beacon Street,Boston, MA 02215

Boston, MA 02215

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Description

This offering presents a ten-unit residential building on the border of Boston's Back Bay and Fenway neighborhoods, made up of four studios and six one-bedroom units, with a proven value-add business plan already underway. Renovated units command a significant rent premium over their unrenovated counterparts for both studios and one-bedrooms, so a buyer can keep turning the remaining unrenovated units as they come up and capture meaningful rent growth. The location gives residents easy access to many of Boston's most sought-after destinations, including the Prudential Center, Newbury Street, the Fenway and Kenmore Square area, and Cambridge, which is just across the Charles River via Massachusetts Avenue. Nearby Green Line service connects residents to downtown and the greater Boston area, and a dense concentration of employers, hospitals, and universities supports consistent rental demand for studio and one-bedroom units. With in-place income, a demonstrated renovation premium, and continued upside, this property is an attractive opportunity to carry forward a proven strategy in one of Boston's most desirable and supply-constrained submarkets. The property also features 2-off street parking spaces!

Details

MLS #73586460
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1899
Days On Site4
Listing Provided ByBoston Realty Advisors | Kevin Benzinger

Features

Bed(s)6
Bath(s) 10 Total
SQ Feet4,959
Story(s)5
Units10
ZoningH-3-65
Acreage0.05

Interior

Rooms Total36
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofOther
Construction MaterialsSee Remarks
Foundation DetailsOther
Lot FeaturesOther

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount31092
Tax Assessed Value2507400
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountySuffolk
CityBoston
Zip Code02215
AreaBack Bay
Listing VS Median (in 02215)
Price:
$4,495,000
low | high
Med:
$3,673
100% of Average
sqft:
4,959
low | high
Med:
859
100% of Average
$ / sqft:
$906
low | high
Med:
$4
100% of Average
On site:
4
low | high
Med:
106
3.77358490566% of Average
Sourced by Back At You

Market Activity 02215

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Additional Information

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Contact

Learn More About This Property

Mark Peris

Mark Peris

Andrew Abu Inc

9033838 (508) 523-6239mark@andrewabu.com
StateMA
CountySuffolk
CityBoston
Zip Code02215
AreaBack Bay
Listing VS Median (in 02215)
Price:
$4,495,000
low | high
Med:
$3,673
100% of Average
sqft:
4,959
low | high
Med:
859
100% of Average
$ / sqft:
$906
low | high
Med:
$4
100% of Average
On site:
4
low | high
Med:
106
3.77358490566% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $3.371M - $5.618M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
18 Hereford St Property Photo 1
$4,999,999
18 Hereford St
Boston, MA 02115
414 Beacon Street Property Photo 1
$3,900,000
414 Beacon Street
Boston, MA 02115
Listing Updated: October 8, 2026 at 2:31:44 AM PDT