19 South Russell Street is a Prime Investment Opportunity in the historic & highly desirable Beacon Hill neighborhood. This Legal Nine-Unit Building has Excellent Rental History and is located just steps from Massachusetts General Hospital and Suffolk University. The unit mix includes Four (4) 1-bedroom/1-bath units and Five (5) studios with full baths. With an existing income stream and significant value add potential, this property provides stable cash flow and the opportunity for long-term appreciation in a high-demand market. Public transportation is abundant, with Red, Green, Orange, and Blue Lines all easily accessible to ensure seamless access to every part of the city. In-place rents are below market, presenting a significant opportunity to increase NOI by adjusting rents to current market rates. This property is for the savvy investor seeking to capitalize on Beacon Hill’s historic appeal while meeting the demand for well-located, modern rental units.
For sale
Price cut: $155K (4/24)
$3,595,000
19 S Russell St, Boston, MA 02114
4beds
3,240sqft
Est.:
5-9 Family
Built in 1899
-- sqft lot
$3,398,000 Zestimate®
$1,110/sqft
$-- HOA
What's special
- 69 days
- on Zillow |
- 450 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 12:07am
Listed by:
Zach Barron,
Core Property Group LLC,
Zach Barron
Source: MLS PIN,MLS#: 73355779
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 9
- Full bathrooms: 9
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
- Finished area above ground: 3,240
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Features: Other
Details
- Parcel number: 3349552
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Granite
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University
Location
- Region: Boston
Financial & listing details
- Price per square foot: $1,110/sqft
- Tax assessed value: $1,926,100
- Annual tax amount: $22,304
- Date on market: 4/7/2025
- Total actual rent: 17600
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