This offering presents a ten-unit residential building on the border of Boston’s Back Bay and Fenway neighborhoods, made up of four studios and six one-bedroom units, with a proven value-add business plan already underway. Renovated units command a significant rent premium over their unrenovated counterparts for both studios and one-bedrooms, so a buyer can keep turning the remaining unrenovated units as they come up and capture meaningful rent growth. The location gives residents easy access to many of Boston’s most sought-after destinations, including the Prudential Center, Newbury Street, the Fenway and Kenmore Square area, and Cambridge, which is just across the Charles River via Massachusetts Avenue. Nearby Green Line service connects residents to downtown and the greater Boston area, and a dense concentration of employers, hospitals, and universities supports consistent rental demand for studio and one-bedroom units. With in-place income, a demonstrated renovation premium, and continued upside, this property is an attractive opportunity to carry forward a proven strategy in one of Boston’s most desirable and supply-constrained submarkets. The property also features 2-off street parking spaces!
Property Details
Price:
$4,495,000
MLS #:
73586460
Status:
Active
Beds:
6
Baths:
10
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
backbay
Listed Date:
Oct 4, 2026
Finished Sq Ft:
4,959
Total Sq Ft:
4,959
Lot Size:
2,275 sqft / 0.05 acres (approx)
Year Built:
1899
Units:
10
See this Listing
Schools
Interior
Above Grade Finished Area
4959
Bathrooms
10 Full Bathrooms
Levels
5
Exterior
Construction Materials
See Remarks
Lot Features
Other
Open Parking Spaces
2
Parking Spots
2
Parking Total
2
Roof
Other
Stories
5
Financial
Tax Year
2026
Taxes
$31,092
Map
Community
- Address503 Beacon Street Boston MA
- CityBoston
- CountySuffolk
- Zip Code02215
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Back Bay
- Bay Village
- Beacon Hill
- Bellevue Hill
- Boston
- Brighton-Oak Square
- Charlestown
- Chestnut Hill
- Chestnut Hill /Brookline line
- Chestnut Hill Park Condominium
- Clam Point Neighborhood
- Eight Streets Neighborhood
- Ellis South End Neighborhood
- Fairmount Hill
- Fields Corner
- Gas Light District
- Golf Course Neighborhood
- Harbor View
- Harborview
- Highland
- Hyde Park
- Jamaica Plain
- Lower Mills
- Melville Park
- Metropolitan Heights Area
- Metropolitan Hill
- Mission Hill – Longwood Medical
- Oak Square
- Parkway neighborhood
- Roslindale
- Roslindale – WC Bates
- roslindale village
- Roxbury’s Moreland Street Historic District
- Savin Hill: Minutes to Carson Beach/UMass Boston T-Stop
- South Boston
- Suffolk County
- Sumner Hill
- Thomas Park
- Woodbourne
Market Summary
Current real estate data for Multi Family in Boston as of Oct 05, 2026
417
Multi Family Listed
129
Avg DOM
465
Avg $ / SqFt
$2,014,586
Avg List Price
Property Summary
- 503 Beacon Street Boston MA is a Multi Family for sale in Boston, MA, 02215. It is listed for $4,495,000 To schedule a showing of MLS#73586460 at 503 Beacon Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Boston Realty Advisors. 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.
503 Beacon Street
Boston, MA

