With a current cap rate of 4.6% and the potential to reach 5.2% if rents are adjusted to market value, this Beacon Hill one-bedroom residence presents a refined, turnkey investment in one of Boston’s most coveted and supply-constrained neighborhoods. A private street-level entry opens to an expansive living room with hardwood floors, high ceilings, custom built-ins, and a decorative fireplace, complemented by an updated kitchen with granite countertops and stainless steel appliances and gas cooking. The property boasts an A+ location with a Walk Score of 99 and a Transit Score of 100, with all major subway lines accessible within a ten-minute walk. The location offers exceptional proximity to Boston’s world-class academic, healthcare, government, and financial institutions. Benefiting from a low monthly HOA fee, this is a compelling opportunity for investors seeking stable income and long-term appreciation, as well as end-users looking for a centrally located home with enduring value.
- Heating System:
- Baseboard, Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- No
- Pet Policy:
- Yes W/ Restrictions
- Fireplace:
- Living Room
- Parking:
- On Street
- Appliances:
- Range, Refrigerator, Freezer, Oven
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Condo is for sale and will be put back on market this year., Listing agent is related to the seller. An above-ground pool was recently removed, and grass has been virtually enhanced for visual effect., Passed Title V / Propane tank for pool heater-100 Gallon Tank/ Portable Generator can use propane or gas.
- Garage Parking
- Lead Paint:
- Unknown
- Laundry Features:
- Off-site
- Area:
- Beacon Hill
- Market Time:
- 15
- Tax Year:
- 2026
- Status:
- Closed
- Price Per Sqft:
- $1,300
- Zoning:
- CD
- No Units:
- 10
- No Units Owner Occ:
- 3
- Orig Price:
- $525,000
- Fireplaces:
- 1
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02114
- Longitude:
- W72° 55' 52.5''
- Latitude:
- N42° 21' 34.1''
Residential
49 Grove Street, Boston, Massachusetts
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $525,000
- Bedrooms :
- 1
- Rooms :
- 2
- Total Bathrooms :
- 1
- Full Bathrooms :
- 1
- Square Footage :
- 404 Sqft
- Year Built :
- 1899
- Listing ID :
- 73497695
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com