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NEW
3
$6,400,000
Total Beds: 18 Total Baths: 20
Total Units: 20 SQFT: 10565
LOT size: 0.06 Acres
44-44A Joy Street
Boston, MA 02114
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Property Description

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.

Property Details

Building Information

  • Total Units: 20
  • Total Floors: 5
  • Total Bedrooms: 18
  • Total Full Baths: 20
  • Amenities: Other (See Remarks)

Financial

  • APOD Available: No
  • Gross Operating Income: 673140
  • Net Operating Income: 673140

Utilities

  • Electric Info: Other (See Remarks)
  • Energy Features: Other (See Remarks), Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1909
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Other (See Remarks)
  • Foundation Info: Other (See Remarks)
  • Roof Material: Other (See Remarks)
  • Flooring Type: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73591915
  • Last Updated: 10/16/26
  • Terms: Other (See Remarks), Special

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Map

Seller's Representative: Kevin Benzinger, Boston Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-10-16 15:04:00