59 Joy Street Boston, MA 02114
Listing Courtesy of: MLS PIN / Listed By: Kevin Benzinger, Boston Realty Advisors

  59 Joy Street Boston, MA 02114

Active (1 Days)
$1,449,000 (USD)
3
BED
3
BATH
1,704
SQFT

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.

MLS #:
73586459
Taxes
$21,855(2026)
Lot Size
720 SQFT
Type
Multifamily
Year Built
1880
County
Suffolk County

Listed By

Kevin Benzinger, Boston Realty Advisors
Source
MLS PIN
Last checked Oct 5 2026 at 5:49 PM GMT+0000
Bathroom Details
Lot Information
  • Other
Property Features
  • Fireplace: 0
  • Foundation: Other
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Stories
  • 3
Living Area
  • 1,704 sqft
Location
   
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