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For sale
  • $1,449,000

    59 Joy St, Boston, MA 02114

    3beds
    1,704sqft
    : 
    $9,216/mo
    Get pre-qualified
    3 Family - 3 Units Up/Down
    Built in 1880
    -- sqft lot
    $1,825,900 Zestimate®
    $850/sqft
    $-- HOA

    What's special

    This offering presents a fully occupied three-family residential building in Boston's Beacon Hill neighborhood, consisting of three one-bedroom units with a clear value-add opportunity. One unit has been fully renovated and rents for $3,550 per month, while the two unrenovated units average approximately $2,500 per month. Because all three units share the same layout, the renovated unit shows what the others can achieve: renovating the remaining two could add roughly $1,050 per unit per month, or about $25,000 in annual gross rent. Meanwhile, the property generates in-place income from day one. The building is just steps from Cambridge Street and Massachusetts General Hospital, one of the region's largest employers, and a short walk to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand for one-bedroom units, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With stable occupancy, a proven value-add business plan with meaningful upside, this property is an attractive investment in one of Boston's most desirable and supply-constrained submarkets.
    31 days
    1,604
    89

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Benzinger 860-424-7613,

    Boston Realty Advisors 617-375-7900

    Source: MLS PIN,MLS#: 73586459

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,704
      • Total interior livable area: 1,704 sqft
      • Finished area above ground: 1,704

      Property

      Lot
      • Size: 720 Square Feet
      • Features: Other
      Details
      • Parcel number: 3364759
      • Zoning: H-2-65

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 3 Family - 3 Units Up/Down
      Materials
      • See Remarks
      • Foundation: Other
      • Roof: Other
      Condition
      • Year built: 1880

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Boston

      Financial & listing details

      • Price per square foot: $850/sqft
      • Tax assessed value: $1,762,500
      • Annual tax amount: $21,855
      • Date on market: 10/4/2026
      • Total actual rent: 8575

        Estimated market value

        $1,825,900

        $1.61M - $2.05M

        $5,301/mo

        Price history

        DateEventPrice
        10/5/2026Listed for sale$1,449,000$850/sqft
        Source: MLS PIN #73586459 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,010 +14.8%$1,728,000 +8%
        2024$17,436 +1.5%$1,599,600
        2023$17,180 +3.7%$1,599,600 +5.1%
        2022$16,567 +7.1%$1,522,700 +5%
        2021$15,474 +13.5%$1,450,200 +12.3%
        2020$13,632 +6.4%$1,290,900 +6.2%
        2019$12,810 +7.6%$1,215,400 +7%
        2018$11,901 +328.3%$1,135,600 +5%
        2017$2,779 -75%$1,081,100 +7%
        2016$11,116 +3.5%$1,010,500 +13.9%
        2015$10,742 +7.8%$887,000 +12%
        2014$9,963 +0.5%$792,000 +5%
        2013$9,912 -3.6%$754,300 -4.4%
        2012$10,287 +7.1%$788,850 +5.1%
        2011$9,604 +6.6%$750,870 -1%
        2010$9,011 +10.9%$758,520 -0.7%
        2009$8,122 -3.1%$764,100
        2008$8,382 -4.7%$764,100 -4.5%
        2007$8,796 +4%$800,400 +5.2%
        2006$8,461 +8.8%$760,900 +5%
        2005$7,774 +30.5%$724,500 +23.5%
        2004$5,956 -21.2%$586,845 -12.4%
        2003$7,559 +11.1%$669,546 +8.3%
        2002$6,806 +11.9%$618,192 +33.7%
        2000$6,081 $462,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Beacon Hill

        Getting around

        99 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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