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44-44A Joy Street, Boston MA 02114

$6,400,000

Estimated $15,041/month Calculator

Multi Family

Total Units: 20

Price Per Unit: $320,000

Total Rent: 95592/year

Estimated CAP Rate:

18 Bedrooms

Baths

10565

Total Parking: 0

2,583 (0.06)

This offering presents a rare opportunity to acquire a 20-unit multifamily asset in Boston’s Beacon Hill neighborhood, consisting of six studios, ten one-bedroom, and four two-bedroom units. Seven of the units have been renovated, six of them with in-unit washer/dryers, and high end finishes, leaving a clear value-add opportunity through renovating the remaining units. Heating is forced hot water; one boiler, approximately 5 years old, and the building has a centrally monitored fire alarm. The property is a short walk from the Massachusetts State House, Cambridge Street and Massachusetts General Hospital, one of the region’s largest employers, and 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 in-place income, a proven value-add business plan and meaningful upside, this property is an attractive investment in one of Boston’s most desirable and supply-constrained submarkets.

This home has been viewed 16 times

Last Checked: October 21st, 2026 at 5:28am (Source: MLS PIN #73591915)

Gross Income: $95,592

Gross Expenses: $55,967

Net Income Calc: $39,625

Annual Expenses for 44-44A Joy Street, Boston MA 02114

Total Gross Expenses (Calculated)$55,967/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax55967

Annual Income & Unit Breakdown for 44-44A Joy Street, Boston MA 02114

Total Gross Income (Calculated)$95,592

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 44-44A Joy Street, Boston MA 02114

Listing ID73591915

Property TypeMulti Family

Price6400000 ($605.77/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaBeacon Hill

Neighborhood(s)

Approximate Living Area Total10565

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1909

Year Built SourceAppraiser

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

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 44-44A Joy Street, Boston MA 02114

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsSurveillance Devices

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 44-44A Joy Street, Boston MA 02114

Real Estate Taxes55967

Tax Year2026

Assessed Value$4,513,500

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 44-44A Joy Street, Boston MA 02114

Neighborhood(s)

MLS AreaBeacon Hill

Area AmenitiesWalk/jog Trails

Contact Information for 44-44A Joy Street, Boston MA 02114

Agent

Name: Kevin Benzinger

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Payment Calculator

, Interest

Property Taxes 4663.92

Principal & Interest 39434.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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EXIT

Active

44-44A Joy Street, Boston MA 02114

$6,400,000

Annual Expenses for 44-44A Joy Street, Boston MA 02114

Annual Income & Unit Breakdown for 44-44A Joy Street, Boston MA 02114

General Information for 44-44A Joy Street, Boston MA 02114

Disclosures for 44-44A Joy Street, Boston MA 02114

Financial Information for 44-44A Joy Street, Boston MA 02114

Location Information for 44-44A Joy Street, Boston MA 02114

Contact Information for 44-44A Joy Street, Boston MA 02114

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger