49 Grove Street #A

Taxes: $5,402.98 (2026)

About this home

With a current cap rate of 4.6% and the potential to reach 5.2% if rents are adjusted to market value, this Beacon Hill one-bedroom residence presents a refined, turnkey investment in one of Boston’s most coveted and supply-constrained neighborhoods. A private street-level entry opens to an expansive living room with hardwood floors, high ceilings, custom built-ins, and a decorative fireplace, complemented by an updated kitchen with granite countertops and stainless steel appliances and gas cooking. The property boasts an A+ location with a Walk Score of 99 and a Transit Score of 100, with all major subway lines accessible within a ten-minute walk. The location offers exceptional proximity to Boston’s world-class academic, healthcare, government, and financial institutions. Benefiting from a low monthly HOA fee, this is a compelling opportunity for investors seeking stable income and long-term appreciation, as well as end-users looking for a centrally located home with enduring value.

Property details

Sewer

Private

Style

Mid-Rise

Water

City/Town Water

Cooling

Window AC

Heating

Gas, Gas

Flooring

Hardwood

Appliances

Range, Wall Oven, Refrigerator, Freezer

Master Bath

No

Parking

Attached