19 South Russell Street is a Prime Investment Opportunity in the historic & highly desirable Beacon Hill neighborhood. This Legal Nine-Unit Building has Excellent Rental History and is located just steps from Massachusetts General Hospital and Suffolk University. The unit mix includes Four (4) 1-bedroom/1-bath units and Five (5) studios with full baths. With an existing income stream and significant value add potential, this property provides stable cash flow and the opportunity for long-term appreciation in a high-demand market. Public transportation is abundant, with Red, Green, Orange, and Blue Lines all easily accessible to ensure seamless access to every part of the city. In-place rents are below market, presenting a significant opportunity to increase NOI by adjusting rents to current market rates. This property is for the savvy investor seeking to capitalize on Beacon Hill’s historic appeal while meeting the demand for well-located, modern rental units.
Property Details
Price:
$3,750,000
MLS #:
73355779
Status:
Active
Beds:
4
Baths:
9
Address:
19 South Russell Street
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
Beacon Hill
City:
Boston
Listed Date:
Apr 7, 2025
State:
MA
Finished Sq Ft:
3,240
Total Sq Ft:
3,240
ZIP:
02114
Year Built:
1899
Units:
9
Schools
Interior
Bathrooms
9 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T- Station, University
Parking Features
On Street
Financial
Tax Year
2025
Taxes
$22,304
Map
Community
- Address19 South Russell Street Boston MA
- CityBoston
- CountySuffolk
- Zip Code02114
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Courtesy of Core Property Group, LLC. 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.
19 South Russell Street
Boston, MA
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