29 Days on Boardwalk PropertiesPrice Reduced $46,000
8
Beacon Towers 483 Beacon St, Boston, MA 02115
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$489,000
1 Bed
1 Bath
335 SQFT
0.01 Acre
$140 HOA

Property Description

Great Investment Opportunity! With high monthly rent potential and extremely low condo fees (which have barely increased in 20 years), this easy to rent condo offers an ideal cash flow opportunity as a reliable and consistent rental property. Minimal rent restrictions apply as students and pets are allowed, commanding higher monthly rent potential by providing the owner with a larger selection of prospective tenants, including those who normally would face high restrictions in their apartment search. Situated in the highly sought-after Beacon Towers in Back Bay, the location couldn't be better, whether for an owner occupant or an investor. Currently rented under market at $2475 (could rent for higher as is), this condo presents an excellent opportunity for any investor looking to capitalize on Boston's hot rental market.

Property Details tap to expand

Amenities

  • Amenities: Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Association Fee Includes: Elevator, Exterior Maintenance, Heat, Hot Water, Landscaping, Master Insurance, Refuse Removal, Sewer, Snow Removal, Water

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 1

Other Rooms

  • Total Rooms: 2

Utilities

  • Heating: Gas, Hot Air Gravity, Hot Water Baseboard
  • Cooling: Window AC
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 335
  • Unit Building: 43
  • Unit Level: 4
  • Floors: 1
  • Pets Allowed: No
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Beacon Towers
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 85
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $140
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1898
  • Style: Mid-Rise, Other (See Remarks), Split Entry
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Parking Features: Attached, On Street Permit

Exterior & Grounds

  • Pool: No

Other Information

  • MLS ID# 73247116
  • Last Updated: 06/18/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/18/2024Active$489,000$1,460MLSPIN
06/14/2024Price Change$489,000$1,460MLSPIN
06/08/2024Active$535,000$1,597MLSPIN
06/04/2024New$535,000$1,597MLSPIN

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Seller's Representative: Ricky Barua, New Wave Boston Real Estate, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-06-18 16:10:00