249 Commonwealth Ave Boston, MA 02116
Back Bay NeighborhoodEstimated payment $59,830/month
About This Home
249 Commonwealth Avenue represents a rare opportunity to acquire a classic Back Bay brownstone overlooking the iconic Commonwealth Avenue Mall on the sunny side. Situated on one of Boston’s most prestigious residential boulevards. The property’s location between Fairfield Street and Gloucester Street places it at the center of Back Bay’s most desirable residential corridor—just steps from Newbury Street, the Charles River Esplanade, Copley Square, and the Prudential Center. the property benefits from extraordinary walkability to shops/dining/transportation and architectural character. This historic property offers investors or developers the opportunity to own a trophy asset within one of the most supply-constrained residential markets in the United States. With continued demand from professionals, students, and pied-à-terre buyers, the building provides both stable income potential and long-term capital appreciation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,023
Year Built
- Built in 1900
Lot Details
- 3,486 Sq Ft Lot
Interior Spaces
- 9,140 Sq Ft Home
- City Views
- Basement
Parking
- 6 Open Parking Spaces
- 6 Car Parking Spaces
Listing and Financial Details
- Assessor Parcel Number W:05 P:03394 S:000,3350031
Community Details
Overview
- 11 Units
- 5-Story Property
Building Details
- Net Operating Income $57,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,949 | $2,672,600 | $758,900 | $1,913,700 |
| 2024 | $29,930 | $2,745,900 | $758,900 | $1,987,000 |
| 2023 | $30,435 | $2,833,800 | $758,900 | $2,074,900 |
| 2022 | $28,936 | $2,659,600 | $758,900 | $1,900,700 |
| 2021 | $28,569 | $2,677,500 | $642,100 | $2,035,400 |
| 2020 | $27,210 | $2,576,700 | $642,100 | $1,934,600 |
| 2019 | $26,292 | $2,494,500 | $642,100 | $1,852,400 |
| 2018 | $25,273 | $2,411,500 | $610,700 | $1,800,800 |
| 2017 | $24,802 | $2,342,000 | $582,800 | $1,759,200 |
| 2016 | $23,815 | $2,165,000 | $540,900 | $1,624,100 |
| 2015 | $23,100 | $1,907,500 | $481,600 | $1,425,900 |
| 2014 | $21,990 | $1,748,000 | $436,200 | $1,311,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $10,750,000 | 0.0% | $1,176 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | $2,200 | -- | -- |
| 01/20/2025 01/20/25 | For Rent | -- | -- | -- |
| 10/08/2024 10/08/24 | Off Market | $2,200 | -- | -- |
| 09/01/2024 09/01/24 | For Rent | $2,200 | 0.0% | -- |
| 07/01/2024 07/01/24 | For Rent | $2,200 | +7.3% | -- |
| 06/17/2024 06/17/24 | For Rent | $2,050 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73489290
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