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$ 3,595,000
Est. payment /mo
Price Dropped by $155K
19 South Russell Street Boston, MA 02114
4 Beds
9 Baths
3,240 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $1,109
MLS Listing ID 73355779
Bedrooms 4
Full Baths 9
Year Built 1899
Annual Tax Amount $22,304
Tax Year 2025
Property Sub-Type 5-9 Family
Property Description
19 South Russell Street is a Prime Investment Opportunity in the historic & highly desirable Beacon Hill neighborhood. This Legal Nine-Unit Building has Excellent Rental History and is located just steps from Massachusetts General Hospital and Suffolk University. The unit mix includes Four (4) 1-bedroom/1-bath units and Five (5) studios with full baths. With an existing income stream and significant value add potential, this property provides stable cash flow and the opportunity for long-term appreciation in a high-demand market. Public transportation is abundant, with Red, Green, Orange, and Blue Lines all easily accessible to ensure seamless access to every part of the city. In-place rents are below market, presenting a significant opportunity to increase NOI by adjusting rents to current market rates. This property is for the savvy investor seeking to capitalize on Beacon Hill's historic appeal while meeting the demand for well-located, modern rental units.
Location
State MA
County Suffolk
Area Beacon Hill
Zoning Res
Direction 19 South Russell Street Boston, MA 02114
Rooms
Basement Full, Partially Finished
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University
Garage No
Building
Lot Description Other
Story 4
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Core Property Group LLC
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