This is an amazing Investment opportunity for a 8 unit building in Beacon Hill. Fully rented. Annual rent is $300,000 and annual expenses are $51,729. The building has been meticulusly maintained and shows pride of ownership. Many systems have been replaced and many are brand new. The building is professionaly managed. This makes for a perfect 1031 exchange or simply a blue chip real estate investment. Rents are way below market and could increase up to 6,000 per month on the next rental cycle.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2023 | $1,405,000 | $1,724,000 | $3,129,000 | — |
| Date | Price | Book/Page |
|---|---|---|
| Dec 18, 2012 | $3,468,000 | 50671/334 |
| Issued | Type / Work | Status | Value |
|---|---|---|---|
| Apr 5, 2024 |
Electrical Permit
ELECTRICAL
Electrical
Permit #E1587659
|
Closed | $11,819 |
| Mar 21, 2024 |
Plumbing Permit
PLUMBING
Plumbing
Permit #PL1583241
|
Closed | $8,000 |
| Feb 22, 2024 |
Short Form Bldg Permit
INTREN
Renovations - Interior NSC
Permit #SF1572152
|
Closed | $66,387 |
This property sold for 4.0% below the original asking price.
The property spent 63 days on market before selling.
Beacon Hill
130 Myrtle St, Boston MA 02114
Boston, MA 02114
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/05/2026 | 🏡 Currently Listed | $6,850,000 | - | - | MLS #73512642 - Active |
| 12/22/2022 | ✓ Sold | $6,000,000 | - | - | Property sold |
| 09/07/2022 | 🏠 Listed for Sale | $6,250,000 | - | - | Original listing |
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