$9,850,000
SOLD JUL 8, 2025
23 Beds
23 Baths
13,246 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$744 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • Marina
  • 5-minute walk to Hynes Convention Center Station
  • Community Pool
  • Medical Services
  • Property is near public transit and schools
  • 4-minute walk to Kenmore Block

About This Home

As of July 2025

529 Beacon consists of a four-story brick building with 23 residential units comprised of 9 Studio units and 14 1-Bedroom/1-Bathroom units. Tenants of the property are responsible for their own heat (electric) while the landlord is responsible for common area electric, gas-fired hot water and domestic water and sewer. The Property also offers 4 parking spaces and an on site laundry facility. 529 Beacon, which is fully sprinklered, features recent capital improvements including a new roof (2024), renovated common areas and various cosmetic improvements to the units’ interiors. 529 Beacon offers the opportunity to acquire a trophy asset in a highly desirable urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. In place rents are below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades.

Last Agent to Sell the Property

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 04/09/2025

Co-Listed By

Dennis Kelleher

Horvath & Tremblay

Last Buyer's Agent

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 04/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $51,616

Year Built

  • Built in 1899

Home Design

  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 13,246 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 23 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Leased Parking
  • Off-Street Parking

Additional Features

  • 3,920 Sq Ft Lot
  • Property is near public transit and schools
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $32,767
  • Rent includes unit 1(water hot water), unit 2(water hot water)

Community Details

Overview

  • 23 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $163,239
  • Net Operating Income $548,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$51,616

Year Built

Built in 1899

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1899
  • Levels: 4
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 23
  • Full Bathrooms: 23
  • Total Bathrooms: 23
  • Above Grade Finished Sq Ft: 13246
  • Living Area: 13246
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2723
  • MAIN SO: AN2723

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Leased
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 25
  • Tax Annual Amount: 51616

Multi Family

  • Net Operating Income: 548923
  • Number Of Units Total: 23
  • Operating Expense: 163239
  • Total Actual Rent: 32767
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold $9,850,000 -1.5% $744 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $10,000,000 0.0% $755 / Sq Ft
07/08/2022 07/08/22 For Rent $4,280 -- --
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73356963

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.