523 Columbus Ave Boston, MA 02118
- Commercial real estate
- 6,051 SF
- 0.04 lot acres
Current Use by Public Records
- Zipcar / Car Rental Agency / Transportation Service
Property Details for 523 Columbus Ave
- Year built
- 1899
- Lot size
- 0.04 lot acres
- Property size
- 6,051 SF
- Property type
- Commercial real estate
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.080133618893
- Latitude
- 42.341894530984