Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

503 Beacon Street

Back Bay - Boston, MA ID #73586460

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503 Beacon Street

Back Bay - Boston, MA ID #73586460

Property Description

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!

Additional Details

  • Status: Active
  • Type: Multi-Family, Multi Family
  • Area: Back Bay
  • Zip Code: 02215
  • Taxes: 31,092
  • Levels: 5
  • Acres: 0.05

Parking

  • Garage Capacity: 2
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Units: 10
  • Total Floors: 5
  • Total Rooms: 36

Location

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503 Beacon Street, Boston, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kevin Benzinger of Boston Realty Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.