Property Description

This offering presents a rare opportunity to acquire a seven-unit residential building in Boston’s Beacon Hill neighborhood, consisting of two studios and five one-bedroom units with a clear value-add opportunity. Two units have been fully renovated with in-unit washer/dryers, while the remaining five units are in classic condition, so the renovated units show what the others can achieve. Heating is forced hot water; one boiler, shared between 98 & 100 Myrtle St. Meanwhile, the property generates in-place rental income. The building is a short walk from Massachusetts General Hospital, one of the region’s largest employers, and to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand for studio and one-bedroom units, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With in-place income, a proven value-add business plan and meaningful upside, this property is an attractive investment in one of Boston’s most desirable and supply-constrained submarkets.