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Back Bay Multifamily Investment
For Sale
$8,300,000
Pending

176 Commonwealth, Boston, MA 02116

Fully leased 7-unit brownstone in prime Back Bay location.

Property Size7,596 SF
Lot Size0.08 Acres
Days on Market267

Property Features for 176 Commonwealth

General Information

Standard status Pending
Size 7,596 SF
Lot size 0.08 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $38,857

Building Details

Building Size 7,596 SF
Year Built 1883
Stories 4
Units 7
Listing Agency:
Listed By: Colin Boylan · License #449000940
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 13 Last Checked: Aug 22 at 11:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colin Boylan

Investment Insights

Based on property information with market context.

This is an investment opportunity in Boston's Back Bay neighborhood. The property is a fully leased, seven-unit brownstone located on Commonwealth Avenue, near the Public Garden and Newbury Street. The building includes three designated parking spaces. The property's location and architecture may make it a unique acquisition.

Key Highlights

  • Prime Back Bay Location: Coveted address on Commonwealth Avenue, steps from Public Garden and Newbury Street.
  • Fully Leased: Provides immediate rental income and investment potential.
  • Rare 7‑Unit Brownstone: A unique and substantial property in Back Bay.

Property Analytics

Current Use

176 Commonwealth Apartments Apartment Complex Compass Furnished Apartments Vacation Rental BEA House Academic Department

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased 7-unit brownstone in prime Back Bay location.
Where is this apartment building located?
The property is located at 176 Commonwealth Boston, MA.
What is the asking price?
The asking price for this property is $8,300,000.
What are key features of this property?
This property features: Prime Back Bay Location: Coveted address on Commonwealth Avenue, steps from Public Garden and Newbury Street.; Fully Leased: Provides immediate rental income and investment potential.; Rare 7‑Unit Brownstone: A unique and substantial property in Back Bay.
More about this property
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