37 Joy Street, Boston, MA
Not Available - Off MarketPrice Reduced $1,000,000
0
This Property is No Longer Available
37 Joy Street, Boston, MA 02114
View Map
$5,500,000
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. 37 Joy Street can be purchased separately or as a package with 7 Anderson Street (MLS# 73084073).

Property Details tap to expand

Building Information

  • Total Units: 15
  • Total Floors: 7
  • Total Bedrooms: 9
  • Total Full Baths: 15
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 415200
  • Gross Expenses: 143072
  • Electric Expenses: 1850
  • Water/Sewer: 9330
  • INSC: 17192
  • Repairs & Maintenance: 9999
  • Net Operating Income: 272128

Utilities

  • Electric Info: 60 Amps/Less, None
  • 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)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73084074
  • Last Updated: 09/07/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/07/2023Temporarily Withdrawn$5,500,000$668MLSPIN
07/20/2023Under Agreement$5,500,000$668MLSPIN
07/18/2023Back on Market$5,500,000$668MLSPIN
05/17/2023Under Agreement$6,000,000$729MLSPIN
05/03/2023Contingent$6,000,000$729MLSPIN
04/23/2023Active$6,000,000$729MLSPIN
04/19/2023Price Change$6,000,000$729MLSPIN
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

Mortgage Calculator

View Breakdown

Map

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

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-09-07 13:37:00

Related Properties