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INVESTMENT SNAPSHOT
About this property
Remarkable, recently updated two-family home nestled in the highly desirable neighborhood. This exceptional property offers the perfect blend of LUXURY LIVING and SMART INVESTMENT potential. Each unit features 3 Bedrooms and 1 Full bath, complemented by top-of-the-line stainless steel appliances, quartz countertops, elegant finishes & ample storage throughout. Situated on a generous lot, that provides an expansive outdoor oasis—ideal for entertaining guests, hosting family gatherings, or simply enjoying the serenity of your own private retreat. Addt'l highlights include separate utilities, Central A/C, In-Unit Laundry and a paved driveway with six off-street parking spaces. Conveniently located near George Wright Golf Course, as well as local restaurants, shops, and everyday amenities. STRONG RENTAL HISTORY! Unit 1 rented for part of the year through Airbnb & grosses $50,000/year. Unit 2 grosses $37,300/year. Totaling $87,200 annually. Also offers future CONDO CONVERSTION POTENTIAL.
Property details
| Units | 2 |
| Living area | 1,968 sqft |
| Lot size | 8,276 sqft |
| Year built | 1920 |
| Price / sqft | $605 |
| County | Suffolk |
| MLS # | 73482787 |
Listing status
| Days on market | 60 days |
| Listed on | March 4, 2026 |
Taxes & financials
| Annual property tax | $11,384 |
| Tax year | 2025 |
| Assessed value | $983,100 |
| Zoning | R2 |
| Gross income (actual) | $87,200/yr |
| Net operating income (actual) | $87,200/yr |
| Total actual rent | $3,100/mo |
Building & lot
| Stories | 2 |
| Total rooms | 10 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of William Raveis R.E. & Home Services — Julian Addy. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 498 Beech St, Boston MA 02131 have?
It is a 2-unit multi-family property with 1,968 sqft of living area, built in 1920.
How long has 498 Beech St, Boston MA 02131 been on the market?
498 Beech St, Boston MA 02131 has been listed for 60 days (since March 4, 2026).
What is the estimated cap rate on this 2-family in Boston?
Based on area median rents, the estimated cap rate is about 4.3%, with a Signal Score of 77/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,190,000 across 2 units, that works out to roughly $595,000 per unit.
What are the property taxes on 498 Beech St, Boston MA 02131?
Annual property taxes are $11,384 (2025), on an assessed value of $983,100.
What is the price per square foot?
At $1,190,000 for 1,968 sqft, that's about $605 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street, paved).
Where is this property located?
498 Beech St, Boston MA 02131 is in Boston, Suffolk County, MA 02131.
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