523 Columbus Ave, Boston, MA 02118
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.
-
Zipcar Car Rental Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.