This offering presents a rare opportunity to acquire a three-family residential building in Boston's Beacon Hill neighborhood, ideally suited for either an investor or an owner-occupant. One unit can be delivered vacant, so an owner-user can move in while collecting rental income from the remaining units, or re-lease at market rents. Two of the units have been fully renovated and the third partially renovated, all with very nice finishes throughout. Unit 1 has a central HVAC system and the other two units have ductless mini-split systems, providing efficient heating and cooling across the building. The property is just steps from Cambridge Street and Massachusetts General Hospital, one of the region's largest employers, and a short walk 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, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With its flexible occupancy, updated systems, and quality finishes, this property is a compelling opportunity in one of Boston's most desirable and supply-constrained submarkets.
This home has been viewed 28 times
Last Checked: October 9th, 2026 at 5:33am (Source: MLS PIN #73586461)
Gross Income: $0
Gross Expenses: $22,027
Net Income Calc: $22,027
Annual Expenses for 61 Joy Street, Boston MA 02114
Total Gross Expenses (Calculated)$22,027/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax22027
Annual Income & Unit Breakdown for 61 Joy Street, Boston MA 02114
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 61 Joy Street, Boston MA 02114
Listing ID73586461
Property TypeMulti Family / 3 Family
Price1599000 ($979.78/SqFt)
Style3 Family - 3 Units Up/down
CityBoston
CountySuffolk
MLS AreaBeacon Hill
Neighborhood(s)
Approximate Living Area Total1632
Approximate Lot Size (Acres)0.01
Total Parking0
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningH-2-65
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 61 Joy Street, Boston MA 02114
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.
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 61 Joy Street, Boston MA 02114
Real Estate Taxes22027
Tax Year2026
Assessed Value$1,776,400
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 61 Joy Street, Boston MA 02114
Neighborhood(s)
MLS AreaBeacon Hill
Area Amenities
Contact Information for 61 Joy Street, Boston MA 02114