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You are here:
85 Days on Boston Pads
Price Reduced $200,000
12 Photos
$4,500,000
6 Unit
11 Beds
11 Baths
4211 SQFT
0.02 Acre
12 Grove St
Boston, MA 02114

Property Description

Introducing 12 Grove Street, a fully restored six-unit building in the heart of historic Beacon Hill. This prime asset grosses nearly $300k/yr and offers a blend of classic Boston character and modern infrastructure, presenting a turnkey investment with proven rental history and significant appreciation potential. Renovated in 2012, the building features new plumbing, electrical systems, windows, kitchens, and baths, along with in-unit laundry, central air conditioning, and hydro-air heating with zoned thermostats. Many units offer private outdoor space—an exceptional rarity in Beacon Hill. Located steps from the Charles/MGH Red Line, the Charles River Esplanade, Whole Foods, and Massachusetts General Hospital, this property attracts high-quality tenants. With its mix of historic charm, modern amenities, and prestigious location, 12 Grove Street offers a unique opportunity for a stable, long-term investment in one of Boston's most sought-after neighborhoods.

Property Overview

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 11
  • Total Full Baths: 10
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Partially Finished, Slab, Unfinished Basement
  • Common Interior Features: Programmable Thermostat
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 294540
  • Gross Expenses: 49918
  • Net Operating Income: 244622

Utilities

  • Heat Zones: 6
  • Cooling Zones: 6
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Utility Connections: Outdoor Gas Grill Hookup, Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes

Unit 4 Description

  • Under Lease: Yes

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Poured Concrete, Slab
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73429756
  • Last Updated: 11/16/25

Date Event Price Price/Sq Ft Source
11/16/2025Active$4,500,000$1,069MLSPIN
11/12/2025Price Change$4,500,000$1,069MLSPIN
09/15/2025Active$4,700,000$1,116MLSPIN
09/11/2025New$4,700,000$1,116MLSPIN

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Map & Resources

The Advent School

Grades: 0 - 6

0.06mi

Suffolk University

University

0.21mi

Advent School

Private School, Grades: K-6

0.23mi

Advent School

Private School, Grades: K-6

0.24mi

Boston Arts Academy

Public Secondary School, Grades: 9-12

0.28mi

Park Street School

Private School, Grades: K-7

0.33mi

Sattler College

University

0.33mi

Park Street School

Private School, Grades: K-4

0.33mi

Beacon Hill Pub

Bar

0.11mi

Carrie Nation

Bar

0.38mi

Roxanne's

Bar

0.39mi

McGann's Irish Pub

Bar

0.44mi

Better Sorts Social Club

Bar

0.45mi

Silvertone

Bar

0.46mi

Barracuda Tavern

Bar

0.46mi

Blank Street Coffee

Coffee Shop

0.04mi

Charles Street Animal Clinic

Veterinary

0.12mi

Massachusetts General Hospital

Hospital

0.05mi

Massachusetts Eye and Ear

Hospital

0.17mi

Shriners Hospitals for Children - Boston

Hospital. Speciality: Paediatrics

0.19mi

Boston Fire Department Engine 4, Ladder 24

Fire Station

0.15mi

State Police Government Center

State Police

0.33mi

Boston Police Department Area A-1

Local Police

0.42mi

Paul S. Russell, MD Museum of Medical History and Innovation

Museum

0.05mi

Museum of African American History

Museum

0.16mi

Nichols House Museum

Museum

0.19mi

Ether Dome

Museum

0.21mi

Otis House Museum

Museum

0.21mi

William Hickling Prescott House

Museum

0.25mi

The West End Museum

Museum

0.36mi

Museum of Science

Museum

0.43mi

Boston Sports Club

Fitness Centre. Sports: Weightlifting, Fitness, Running

0.39mi

Teddy Ebersol's Red Sox Fields at Lederman Park

Sports Centre. Sports: Soccer, Baseball, Softball, T-Ball

0.23mi

Auxiliary Field

Sports Centre. Sports: Baseball

0.25mi

Field 1

Sports Centre. Sports: Baseball

0.26mi

Field 2

Sports Centre. Sports: Baseball

0.28mi

Field 3

Sports Centre. Sports: Baseball

0.3mi

Oneida Tablet

Sports Centre. Sports: Soccer

0.3mi

Sonny Rao Little League Field

Sports Centre. Sports: Baseball

0.42mi

Louisburg Square

Park

0.12mi

Boston African-American National Historic Site

Park

0.16mi

Charles River Esplanade

Park

0.19mi

Charles River Reservation

State Park

0.23mi

Temple Street Park

Park

0.26mi

Ashburton Park

State Park

0.27mi

Boston Common

Park

0.28mi

Cardinal Cushing Memorial Park

Municipal Park

0.31mi

Myrtle St. Playground

Playground

0.14mi

Charlesbank Playground

Playground

0.34mi

Tadpole Playground

Playground

0.36mi

Esplanade Playspace

Playground

0.45mi

Home Style Laundry

Laundry

0.02mi

Suds & Duds

Laundry

0.12mi

Beacon Hill Instant Shoe Repair

Shoe Repair

0.32mi

TD Bank

Bank

0.05mi

Bank of America

Bank

0.17mi

Cambridge Trust

Bank

0.28mi

Santander

Bank

0.3mi

WebsterBank

Bank

0.36mi

Whole Foods Market

Supermarket

0.19mi

DeLuca's Market

Supermarket

0.28mi

Target

Department Store

0.33mi

CVS Pharmacy

Pharmacy

0.1mi

Rite Aid

Pharmacy

0.31mi

CVS Pharmacy

Pharmacy

0.42mi

Black Ink

Variety Store

0.14mi

Top Shelf

Convenience

0.09mi

Charles/MGH

Red

0.11mi

Beacon St opp Walnut St

43

0.28mi

Charles St @ Beacon St

43

0.31mi

Bowdoin

Blue

0.34mi

Beacon St @ Park St

43

0.34mi

Park Street

Green B
Green C
Green D
Green E
Red

0.42mi

Science Park/West End

Green B
Green C
Green D
Green E

0.43mi

Portland St @ Causeway St

4

0.44mi

Seller's Representative: Eliott Levine, Olde Forge Realty
MLS ID#: 73429756

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-16 04:05:00

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