37 Joy Street, Boston, MA 02114
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$6,500,000
15 Unit
9 Beds
15 Baths
8232 SQFT
0.04 Acre

Property Description

Rare opportunity to purchase a brick 15 unit multi family in the heart of Beacon Hill, one of Boston’s most desirable neighborhoods. Consisting of (6) studios, (9) one bedrooms, and (15) full bathrooms. New roof in 2021. Features include a first floor private patio, sweeping bay windows overlooking Joy Street, spacious floor plans, laundry in select units, and an excellent history of strong rental income. Close proximity to all major T lines, various universities including Suffolk and Emerson, Massachusetts General Hospital, Boston Common, Downtown, Charles River, and various grocery stores, shops, and restaurants. Buyer and/or Buyer's Agent to perform due diligence. MLS only permits 5 units to be entered in listing. Full rent roll and expenses available upon request.

Property Details tap to expand

Building Information

  • Total Units: 15
  • Total Floors: 7
  • Total Bedrooms: 9
  • Total Full Baths: 15
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: Yes
  • Gross Operating Income: 127500
  • Net Operating Income: 127500

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Hot Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown

Other Information

  • MLS ID# 73084074
  • Last Updated: 03/19/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/07/2023Active$6,500,000$790MLSPIN
03/03/2023New$6,500,000$790MLSPIN
07/01/2022Expired$6,900,000$838MLSPIN
03/01/2022Reactivated$6,900,000$838MLSPIN
02/28/2022Expired$6,900,000$838MLSPIN
12/10/2021Active$6,900,000$838MLSPIN

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Seller's Representative: Wendy Oleksiak Group, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5%
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-03-19 15:16:00