Two-Family Residential Income
For Sale
$1,185,000
498 Beech St, Boston, MA 02131
Recently updated two-family home with separate utilities, central A/C, in-unit laundry, and off-street parking for six vehicles.
Property SizeContact for details
Days on Market160
Property Features for 498 Beech St
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
William Raveis R.E. & Home Services
(646) 306-9848
Listed By:
Julian Addy · License #9552128
Source:
Allisonmazer
Added: Mar 4
Changed: Jul 10
Last Checked: Aug 10 at 9:54AM
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 William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This recently updated two-family home is configured as two separate units, with each unit offering 3 bedrooms and 1 full bath. Interiors include stainless steel appliances and quartz countertops, along with updated finishes and ample storage. Additional in-unit conveniences include central A/C and in-unit laundry, and the property has separate utilities for each unit. Outside, the home sits on a generous lot with a paved driveway providing six off-street parking spaces.
The property is located near George Wright Golf Course and is also close to local restaurants, shops, and everyday amenities.
For buyers seeking a straightforward residential income asset, the property’s two-unit layout, separate utilities, and multiple on-site parking spaces support comfortable tenant use. The home’s current updates and unit amenities make it well-suited for an owner or investor focused on maintaining a high-quality rental experience. The seller also notes potential for future condo conversion, providing an additional pathway to consider when evaluating the property’s long-term use.
The property is located near George Wright Golf Course and is also close to local restaurants, shops, and everyday amenities.
For buyers seeking a straightforward residential income asset, the property’s two-unit layout, separate utilities, and multiple on-site parking spaces support comfortable tenant use. The home’s current updates and unit amenities make it well-suited for an owner or investor focused on maintaining a high-quality rental experience. The seller also notes potential for future condo conversion, providing an additional pathway to consider when evaluating the property’s long-term use.
Key Highlights
- Recently updated two‑family home (built 1920) with 3 bedrooms and 1 full bath in each unit
- Unit 1 grossed $50,000/year (Airbnb for part of the year); Unit 2 grossed $37,300/year; total $87,200/year
- Separate utilities, central A/C, and in‑unit laundry for both units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 02131, MA
30,544
Population
13,264
Households
2.3
Avg Household Size
39
Median Age
52%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
10,909
Density / Sq Mi
$109,237
Median Household Income
$65,268
Median Earnings
$1,999
Median Rent
$634,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Recently updated two-family home with separate utilities, central A/C, in-unit laundry, and off-street parking for six vehicles.
Where is this duplex located?
The property is located at 498 Beech St Boston, MA.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Recently updated two‑family home (built 1920) with 3 bedrooms and 1 full bath in each unit; Unit 1 grossed $50,000/year (Airbnb for part of the year); Unit 2 grossed $37,300/year; total $87,200/year; Separate utilities, central A/C, and in‑unit laundry for both units
