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.
This home has been viewed 6 times
Last Checked: April 24th, 2026 at 10:03am (Source: MLS PIN #73497695)
Air Conditioning
Waterview
Lead Paint Free
General Information for 49 Grove Street # A, Boston MA 02114
Listing ID73497695
Property TypeCondominium
Price525000 ($1299.5/SqFt)
Building Style2/3 Family
CityBoston
CountySuffolk
MLS AreaBeacon Hill
Neighborhood(s)
Total Parking0
Unit Level0
Levels in Unit1
Year Built1899
Year Built SourcePublic Records
Year Built DetailsActual
Building Construction Status
ZoningCD
Unit Features for 49 Grove Street # A, Boston MA 02114
Approximate Living Area Total404
Living Area Includes BasementNo
Rooms2
Bedrooms1
Primary En Suite BathroomNo
BasementFull
Cooling1, Split
LaundryArchway
Fireplaces
Outdoor SpaceNo
FlooringTile
Electric
AppliancesRange
Condo Association Features for 49 Grove Street # A, Boston MA 02114
Complex Name49-53 Grove Street Association
Pet PolicyNot Allowed
Building ManagementDeveloper Advisory Board
Building Construction Status
Number of Units10
Units Owner Occupied3
Year Built1899
Year Built DetailsActual
Year Built SourcePublic Records
WaterPublic
SewerPublic Sewer
Parking Features1
Building Amenities
Disclosures for 49 Grove Street # A, Boston MA 02114
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Special Listing Conditions
ExclusionsBasement Projector
Owner Occupancy SourceManagement
Compensation Based On
Documents AvailablePerc Test
Financial Information for 49 Grove Street # A, Boston MA 02114
Association Fee
Optional Fee0
Association Fee IncludesLandscaping
Optional Fee Includes
Association Fee FrequencyMonthly
Assessed Value$432,400
Real Estate Tax5402.98
Tax Year2026
Location Information for 49 Grove Street # A, Boston MA 02114
Neighborhood(s)
MLS AreaBeacon Hill
Area AmenitiesWalk/jog Trails
Contact Information for 49 Grove Street # A, Boston MA 02114