49-53 Grove Street Association

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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.

More Info

Basic Information

  • Bedrooms1
  • Mls StatusUnder Agreement
  • Bathroom1
  • Contingency Pending P&S
  • Parcel Number W:05 P:01961 S:002,3354993
  • Unit NumberA

Tax Information

  • Tax Assessed Value $432,400
  • Tax Year 2026
  • Taxes$5,402

Parking

  • Parking Spaces
  • Open Parking YN Yes
  • Parking Features On Street

Rooms

  • Bathrooms Total Decimal 1
  • Full Bath1

Basic Information

  • List Price$525,000
  • MLS Number73497695
  • Modification Date04/23/2026
  • Property SubTypeCondominium
  • Purchase Contract Date04/13/2026

Location

  • NeighborhoodBeacon Hill
  • SubdivisionBeacon Hill
  • Address49 Grove Street
  • Building Number49
  • CountySuffolk
  • StateMA
  • StreetGrove Street
  • TownBoston
  • Zip02114

Building

  • BasementN
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplace Features Living Room
  • Fireplaces Total 1
  • Property Name49-53 Grove Street Association
  • Rooms2
  • Stories1
  • Utilities For Gas Range, For Gas Oven
  • Year Built1899
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Entry Location Unit Placement(Partially Below Grade, Garden)

Interior

  • Flooring Hardwood

Exterior

  • RoofRubber

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet404
  • Building Area Source Public Records
  • Living Area 404
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type Mid-Rise

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Other
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Oven, Refrigerator, Freezer
  • Other AmenitiesFireplace
  • PetsYes w/ Restrictions

Legal

  • ZoningCD

Other

  • Association Fee $178
  • Association Fee Frequency Monthly
  • Association Fee Includes
    • Insurance
    • Maintenance Structure
    • Reserve Funds
    • Sewer
    • Snow Removal
    • Water
  • Date Listed04/08/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Donahue + Greene Group of Compass

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