59 Joy Street, Boston, MA 02114
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
59 Joy Street,Boston, MA 02114
$1,449,000
- 3 Beds
- 3 Baths
- 1,704 sq. ft.
- Multi-family
- Active
Listed by: kevin benzinger
Office: boston realty advisors
MLS#:73586459
Source:MLSPIN
Price summary
- Price:$1,449,000
- Price per sq. ft.:$850.35
About this home
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....
Contact an agent
Home facts
- Year built:1880
- Listing ID #:73586459
- Updated:October 08, 2026 at 03:27 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Living area:1,704 sq. ft.
Structure and exterior
- Year built:1880
- Building area:1,704 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,449,000
- Price per sq. ft.:$850.35
- Tax amount:$21,855 (2026)
New listings near 59 Joy Street
- Coming Soon
$599,000Coming Soon3 beds 2 baths1,387 sq. ft.71 Savin Street #3, Boston, MA 02119
MLS# 73586991Listed by: Century 21 Cityside - Coming Soon
$825,000Coming Soon4 beds 2 baths2,016 sq. ft.31 Regent St, Boston, MA 02119
MLS# 73586850Listed by: Generations Realty Group - New
$1,775,000Active2 beds 3 baths1,504 sq. ft.1 Avery Street #25C, Boston, MA 02111
MLS# 73588298Listed by: First Boston Realty International - Open Sun, 11am to 1pmNew
$450,000Active2 beds 2 baths1,055 sq. ft.4975 Washington St #109, Boston, MA 02132
MLS# 73588309Listed by: Rise Signature Homes - Open Sat, 10 to 11amNew
$549,000Active2 beds 2 baths1,100 sq. ft.2 Readfield Place #7, Boston, MA 02119
MLS# 73588311Listed by: Choose Boston, LLC - New
$499,000Active3 beds 1 baths1,145 sq. ft.16 Taft St #2, Boston, MA 02125
MLS# 73588322Listed by: Mohawk Real Estate, LLC - Open Sat, 1 to 2:30pmNew
$1,829,000Active2 beds 3 baths2,323 sq. ft.25 Channel Center St #409, Boston, MA 02210
MLS# 73588323Listed by: Hammond Residential Real Estate - New
$439,000Active1 beds 1 baths767 sq. ft.96 Linden St #2, Boston, MA 02134
MLS# 73588338Listed by: Gateway Real Estate Group, Inc. - Open Sat, 12 to 1:30pmNew
$599,990Active2 beds 2 baths1,055 sq. ft.5 Ware Street #1, Boston, MA 02125
MLS# 73588341Listed by: Serhant - Open Sat, 12 to 1:30pmNew
$849,990Active4 beds 3 baths2,224 sq. ft.5 Ware Street #2, Boston, MA 02125
MLS# 73588342Listed by: Serhant