249 Commonwealth Ave, Boston MA 02116
Boston, MA 02116 • Back Bay
$10,750,000
$9,995,000
Est. $53,575/month
About this home
249 Commonwealth Avenue represents a rare opportunity to acquire a classic Back Bay brownstone overlooking the iconic Commonwealth Avenue Mall on the sunny side. Situated on one of Boston’s most prestigious residential boulevards. The property’s location between Fairfield Street and Gloucester Street places it at the center of Back Bay’s most desirable residential corridor—just steps from Newbury Street, the Charles River Esplanade, Copley Square, and the Prudential Center. the property benefits from extraordinary walkability to shops/dining/transportation and architectural character. This historic property offers investors or developers the opportunity to own a trophy asset within one of the most supply-constrained residential markets in the United States. With continued demand from professionals, students, and pied-à-terre buyers, the building provides both stable income potential and long-term capital appreciation.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
7%
Price Range
Property Timeline
Price Reduced
Jul 29, 2026
$9,995,000
$355,000
(-3.43%)
From $10,350,000 to $9,995,000 (-3.4%)
Price Reduced
May 26, 2026
$10,350,000
$400,000
(-3.72%)
From $10,750,000 to $10,350,000 (-3.7%)
Listed for Sale
Mar 19, 2026
$10,750,000
Original listing
Agent: Michael Carucci
Office: Serhant
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | ↓ Price Reduced | $9,995,000 | $355,000 | - | From $10,350,000 to $9,995,000 (-3.4%) |
| 05/26/2026 | ↓ Price Reduced | $10,350,000 | $400,000 | - | From $10,750,000 to $10,350,000 (-3.7%) |
| 03/19/2026 | 🏠 Listed for Sale | $10,750,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $34,023 | $2,717,600 |
Financial Details
Annual Property Tax
$34,023
Tax Year 2026
Assessed Value
$2,717,600
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
9,140 sq ft
Lot Size
0.08 acres
Investment Metrics
Units
11
Unit 1 Rent
$2,500/mo · Y
Unit 2 Rent
$2,250/mo · Y
Total Monthly Rent
$4,750/mo
Gross Income
$57,000
Net Operating Income
$57,000
Cap Rate
0.57%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$34,023
Assessed Value
$2,717,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Noted Above: Building Description & Unit Description To Be Completed/not Available At This Time.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
11 Units in Building w/6 Deeded Parking Spaces (tandem) in rear of building.
Documents
None
County
Suffolk
Total market time (incl. prior listings)
136 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Living Area
9,140 sq ft
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
9,140 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Special Features
View:
Yes
View Type:
City View(s)
Community Amenities:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,835
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Back Bay
249 Commonwealth Ave, Boston MA 02116
Boston, MA 02116
Listing Information
Listing Agent
Michael Carucci
Listing Office
Serhant
Office Phone
617-250-0559
Agent MLS ID
BB900822
Office MLS ID
AN9455
Listing Data Updated
Aug 2, 2026 3:10 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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