Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

249 Commonwealth Ave, Boston MA 02116

$10,350,000

Estimated $19,618/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $940,909.09

Total Rent: 57000/year

Estimated CAP Rate:

0 Bedrooms

Baths

9140

Total Parking: 6

3,486 (0.08)

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.

This home has been viewed 6 times

Last Checked: May 31st, 2026 at 6:13am (Source: MLS PIN #73489290)

Gross Income: $57,000

Gross Expenses: $34,022

Net Income Calc: $22,978

Annual Expenses for 249 Commonwealth Ave, Boston MA 02116

Total Gross Expenses (Calculated)$34,022/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax34022.8

Annual Income & Unit Breakdown for 249 Commonwealth Ave, Boston MA 02116

Total Gross Income (Calculated)$57,000

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 249 Commonwealth Ave, Boston MA 02116

Listing ID73489290

Property TypeMulti Family / 5+ Family

Price10350000 ($1132.39/SqFt)

Style5-9 Family

CityBoston

CountySuffolk

MLS AreaBack Bay

Neighborhood(s)

Approximate Living Area Total9140

Approximate Lot Size (Acres)0.08

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 249 Commonwealth Ave, Boston MA 02116

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 249 Commonwealth Ave, Boston MA 02116

Real Estate Taxes34022.8

Tax Year2026

Assessed Value$2,717,600

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 249 Commonwealth Ave, Boston MA 02116

Neighborhood(s)

MLS AreaBack Bay

Area Amenities

Contact Information for 249 Commonwealth Ave, Boston MA 02116

Agent

Name: Michael Carucci

Office

Name: Serhant

Phone: 617-250-0559

Team Members

Name: Derek Jesiolowski

Payment Calculator

, Interest

Property Taxes 2835.23

Principal & Interest 63773.41

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Serhant

Michael Carucci

Agent Phone

Office Phone

(617) 250-0559

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.08 acres (3,486 SqFt)
    [add_date] => 2026-03-20 07:33:34
    [address] => Commonwealth Ave
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => CN202509
            [name] => Michael Carucci
            [national_association] => 449000940
            [office] => AN9455
            [state] => MA
            [zip] => 
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 9140
    [approx_lot_size_acres] => 0.08
    [approx_lot_size_sqft] => 3486
    [assessed_value] => $2,717,600
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Boston
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Suffolk
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Some Of The Sellers' Personal Items Are Not Included In The Sale.
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-05-31 06:13:36
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 5
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => Back Bay
    [mls_id] => 73489290
    [neighborhoods] => 
    [net_income_calc] => 22978
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 11
    [office] => Array
        (
            [id] => AN9455
            [name] => Serhant
            [phone] => 617-250-0559
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 10350000
    [price_per_sqft] => 1132.39
    [price_per_unit] => 940909.09090909
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => 34022.8
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 249
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2026
    [team] => CN252838,CN202509
    [team_agents] => Array
        (
            [CN252838] => Array
                (
                    [agent_mls_id] => CN252838
                    [full_name] => Derek Jesiolowski
                    [address] => 
                    [city] => 
                    [state] => 
                    [postal_code] => 
                    [national_association_id] => 449628141
                    [office_mls_id] => AN9455
                )

[CN202509] => Array
                (
                    [agent_mls_id] => CN202509
                    [full_name] => Natasha Mahan
                    [address] => 25 Northern Avenue #403
                    [city] => Boston
                    [state] => MA
                    [postal_code] => 02210
                    [national_association_id] => 449586285
                    [office_mls_id] => AN9455
                )

)

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 34022
    [total_gross_income] => 57000
    [total_parking] => 6
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 0
    [unit_1_floor] => 0
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 0
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 0
    [unit_2_floor] => 0
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 0
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 249 Commonwealth Ave, Boston MA 02116
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02116
    [zips] => 
    [zoning] => A
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/742666/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73489290&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73489290&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73489290&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73489290&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73489290&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73489290&w=1024&h=768&n=7
        )

[raw] => 
)

EXIT

5 More Photos

Active

249 Commonwealth Ave, Boston MA 02116

$10,350,000

Annual Expenses for 249 Commonwealth Ave, Boston MA 02116

Annual Income & Unit Breakdown for 249 Commonwealth Ave, Boston MA 02116

General Information for 249 Commonwealth Ave, Boston MA 02116

Disclosures for 249 Commonwealth Ave, Boston MA 02116

Financial Information for 249 Commonwealth Ave, Boston MA 02116

Location Information for 249 Commonwealth Ave, Boston MA 02116

Contact Information for 249 Commonwealth Ave, Boston MA 02116

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Serhant

Michael Carucci