Property Details
Basic Information
- Property Name: 49-53 Grove Street Association
- Property SubType: Condominium
- MLS Number: 73497695
- Mls Status: Under Agreement
- List Price: $525,000
- Date Listed: 04/08/2026
- Description: With a current cap rate of 4.6% and the potential to reach 5.2% if rents are adjusted to market value, this Beacon Hill one-bedroom residence presents a refined, turnkey investment in one of Boston's most coveted and supply-constrained neighborhoods. A private street-level entry opens to an expansive living room with hardwood floors, high ceilings, custom built-ins, and a decorative fireplace, complemented by an updated kitchen with granite countertops and stainless steel appliances and gas cooking. The property boasts an A+ location with a Walk Score of 99 and a Transit Score of 100, with all major subway lines accessible within a ten-minute walk. The location offers exceptional proximity to Boston's world-class academic, healthcare, government, and financial institutions. Benefiting from a low monthly HOA fee, this is a compelling opportunity for investors seeking stable income and long-term appreciation, as well as end-users looking for a centrally located home with enduring value.
Building
- Square Feet: 404
- Year Built: 1899
- Zoning: CD
- Stories: 1
- Rooms: 2
- Roof: Rubber
Location
- County: Suffolk
- Neighborhood: Beacon Hill
- Subdivision: Beacon Hill
- Town: Boston
Finance
- Taxes: $5,402
Interior Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Full Baths: 1
Basement
- Basement: N
Utilities and Appliances
Utilities and Appliances
- Appliances Included: Range, Oven, Refrigerator, Freezer
Community
Amenities
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, Private School, Public School, T-Station, University, Other
- Other Amenities: Fireplace