5+ Family - 5+ Units Up/Down at 44-44A Joy Street, Boston MA 02114
5+ Family - 5+ Units Up/Down at 44-44A Joy Street, Boston MA 02114, photo 2 of 3
5+ Family - 5+ Units Up/Down at 44-44A Joy Street, Boston MA 02114, photo 3 of 3
3 photos

$6,400,000

44-44A Joy Street, Boston MA 02114
Boston, MA 02114
Listed by Kevin Benzinger
Bedrooms
18
Bathrooms
20
Living area
10,565 sqft
Year built
1909

About this home

This offering presents a rare opportunity to acquire a 20-unit multifamily asset in Boston’s Beacon Hill neighborhood, consisting of six studios, ten one-bedroom, and four two-bedroom units. Seven of the units have been renovated, six of them with in-unit washer/dryers, and high end finishes, leaving a clear value-add opportunity through renovating the remaining units. Heating is forced hot water; one boiler, approximately 5 years old, and the building has a centrally monitored fire alarm. The property is a short walk from the Massachusetts State House, Cambridge Street and Massachusetts General Hospital, one of the region’s largest employers, and to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With in-place income, a proven value-add business plan and meaningful upside, this property is an attractive investment in one of Boston’s most desirable and supply-constrained submarkets.

Property details

MLS
MLS Property Information Network
MLS #
73591915
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
5
On market date
October 16, 2026
Stories
5
Total bathrooms
20
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.06 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Eliot Elementary
0.74 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
796
Student:teacher ratio
14.5:1
District
Boston
Middle
Cambridge Street Upper School
1.58 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
279
Student:teacher ratio
7.5:1
District
Cambridge
High
Boston Adult Academy
0.79 mi away · Grades 11-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
120
Student:teacher ratio
6.7:1
District
Boston

Walkability

Blended score for Boston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

82
Highly walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies20

Market position

How this listing compares to current activity in Boston, from live MLS data.

On the market 5 days -- 119 fewer days than Boston's current average of 124 days.
For reference, the median list price across 8,899 active listings in Boston right now is $75,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$38,692/mo
$1,280,000 down
$5,120,000 loan
Principal & interest$33,208
Property tax (est.)$5,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.