130-Unit Apartment
7 Myrtle Street, Boston, MA 02114
For Sale
Contact for pricing
Sixteen separately deeded buildings form a multi-property residential collection in Beacon Hill.
Property SizeContact for details
Days on Market50
Property Features for 7 Myrtle Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Buildings
Listing Agency:
Boston Realty Advisors
Listed By:
Daniel Alper · License MA CN254381
(617) 768-7333
Source:
Crexi
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 12 at 4:12AM
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 Boston Realty Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment portfolio contains 130 units in 16 separately deeded buildings. The properties are concentrated in Boston’s Beacon Hill neighborhood and include studio, one-bedroom, and two-bedroom apartments. Renovated units in those configurations have achieved approximately 40% average rent premiums over comparable classic units; about 59% of the portfolio remains in classic condition.
Over the past five years, in-place rents grew at a 6.3% annualized rate and total revenue at 7.3% annually, with average occupancy of 97%. Nearby destinations include Massachusetts General Hospital, the Financial District, Charles Street, Boston Common, and the Charles River Esplanade. The portfolio also has direct connectivity to Kendall Square and Cambridge.
Over the past five years, in-place rents grew at a 6.3% annualized rate and total revenue at 7.3% annually, with average occupancy of 97%. Nearby destinations include Massachusetts General Hospital, the Financial District, Charles Street, Boston Common, and the Charles River Esplanade. The portfolio also has direct connectivity to Kendall Square and Cambridge.
Key Highlights
- 130 apartments across 16 separately deeded buildings
- Approximately 59% of units remain in classic condition
- Renovated studios, 1BRs, and 2BRs achieved ~40% average rent premiums over comparable classic units
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
130
Residential units
Location Intelligence
Trade Area within ½ mile
24,234
Businesses Nearby
Explore this area
Business Placement
Demographics for 02114, MA
14,469
Population
9,525
Households
1.5
Avg Household Size
33
Median Age
84%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
36,173
Density / Sq Mi
$135,057
Median Household Income
$94,465
Median Earnings
$2,933
Median Rent
$927,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Boston, MA
Properties on Market for Apartment buildings in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Sixteen separately deeded buildings form a multi-property residential collection in Beacon Hill.
Where is this apartment building located?
The property is located at 7 Myrtle Street Boston, MA.
What are key features of this property?
This property features: 130 apartments across 16 separately deeded buildings; Approximately 59% of units remain in classic condition; Renovated studios, 1BRs, and 2BRs achieved ~40% average rent premiums over comparable classic units
