49-53 Grove Street Association 49 Grove Street, Boston, MA 02114
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$525,000
1 Bed
1 Bath
404 SQFT
Acres: N/A
$178 HOA

Property Description

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.

Property Details tap to expand

Amenities

  • Amenities: Highway Access, Laundromat, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Association Fee Includes: Exterior Maintenance, Master Insurance, Reserve Funds, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Cabinets - Upgraded, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Gas Stove, Recessed Lighting
  • Freezer, Range, Refrigerator, Wall Oven

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 1

Other Rooms

  • Total Rooms: 2
  • Living Room Features: Fireplace, Flooring - Hardwood, Recessed Lighting

Utilities

  • Heating: Gas, Hot Water Baseboard
  • Heat Zones: 1
  • Cooling: Window AC
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 404
  • Unit Building: A
  • Unit Placement: Garden|Partially Below Grade
  • Floors: 1
  • Pets Allowed: No
  • Fireplaces: 1
  • Laundry Features: Off-Site
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: 49-53 Grove Street Association
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 10
  • Number of Units Owner Occupied: 3
  • Owner Occupied Data Source: Management
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $178
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1899
  • Style: Mid-Rise
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Parking Features: On Street Permit

Exterior & Grounds

  • Pool: No

Other Information

  • MLS ID# 73497695
  • Last Updated: 04/08/26
  • Documents on File: Association Financial Statements, Certificate of Insurance, Floor Plans, Management Association Bylaws, Master Deed, Rules & Regs, Unit Deed

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/08/2026New$525,000$1,300MLSPIN

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Seller's Representative: Donahue + Greene Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-08 07:55:00

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