523 Columbus AveBoston, MA 02118

Property Details for 523 Columbus Ave

Year built

1899

Lot size

0.04 AC

Property size (Sq ft)

6,051 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 7-unit condominium building, located in Boston's desirable South End neighborhood at 523 Columbus Avenue, presents a compelling value-add investment opportunity. The property, a beautifully preserved brownstone built in 1899, boasts 6,051 square feet and sits on a 0.04-acre lot. The six-story building is currently 100% occupied, with occupancy through August 31, 2024. Each of the seven units, ranging from studios to two-bedroom apartments, is individually deeded as a condominium, offering significant flexibility for future owners. Units feature desirable period details including hardwood floors, high ceilings, original fireplaces, custom woodwork, and large windows offering city views. Two valuable off-street parking spaces are located at the rear of the building. The property's strong location in a supply-constrained submarket, combined with the potential for common area upgrades and light unit renovations, creates a compelling value-add strategy. This unique brownstone offers a rare opportunity to acquire a well-located, income-producing asset in one of Boston's most sought-after neighborhoods. The building's condominium structure provides additional investment options.

Location Insight

City

Boston

County

Suffolk

State

Massachusetts

Latitude

42.3419

Longitude

-71.0801

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