503 Beacon Street
Boston, MA 02215
$4,495,000 - Back Bay
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!
| Listing ID: | 73586460 |
|---|---|
| List Price: | $4,495,000 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 10 |
| Living Area: | 4,959 |
| Tax Annual Amount: | $31,092 |
| Lot Size Square Feet: | 2,275 |
| Lot Size Acres: | 0.05 |
| City: | Boston |
| MLS Area Major: | Back Bay |
| County Or Parish: | Suffolk |
| Postal Code: | 02215 |
| Year Built: | 1899 |
| Number Of Units Total: | 10 |
| Lot Features: | Other |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Roof: | Other |
| Foundation Details: | Other |
| Construction Materials: | See Remarks |
| Listing Contract Date: | 2026-10-04 |
| Lot Size Area: | 0.05 |
| Rooms Total: | 36 |
| Bathrooms Total Integer: | 10 |
| Basement: | false |
| Building Area Source: | Public Records |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Parcel Number: | 3361885 |
| Sewer: | Public Sewer |
| Zoning: | H-3-65 |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $906.43 |
| Page: | 99 |
| Price Per Sqft: | $906.43 |
| Square Feet Incl Base: | No |
| Original List Price: | $4,495,000 |
| Parking Total: | 2 |
| Tax Assessed Value: | $2,507,400 |
| Tax Year: | 2026 |
| Total Actual Rent: | $27,666 |
| Year Built Details: | Actual |
| Building Area Total: | 4,959 |
| Bedrms 2: | 1 |
| Bedrms 3: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Above Grade Finished Area: | 4,959 |
| Open Parking Spaces: | 2 |
| Living Area Source: | Public Record |
| Total Flrs: | 6 |
| Beachfront Flag: | No |
Listing Courtesy of: Boston Realty Advisors
Listing Agent: Kevin Benzinger
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MLS Property Information Network, Inc. data last updated on October 08, 2026 05:11 PM - ET
Property Last Updated: October 08, 2026 05:11 PM - ET
