98 Myrtle Street, Boston MA 02114

Boston, MA 02114 • Beacon Hill
$3,850,000
Est. $21,837/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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11
Beds
9
Baths
3,792
Sq Ft
$1,015
Price/Sq Ft
0.02
Acres
1899
Year Built
New today
Time on Market
For Sale Listed Oct 16, 2026 • MLS# 73591963 Copied! • Updated Oct 16, 2026

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About this home

This offering presents a rare opportunity to acquire a fully occupied, fully renovated, nine-unit residential building in Boston’s Beacon Hill neighborhood, consisting of two studios, three one-bedroom units and four two-bedroom units. All nine units have been renovated, allowing buyers to benefit from stable in-place income. Heating is forced hot water; one boiler, shared between 98 & 100 Myrtle St, with a mini-split system in every unit for cooling, and the building includes a fire sprinkler system and a centrally monitored alarm. The property is a short walk from 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 stable occupancy, renovated units, updated systems and meaningful upside, this property is an attractive investment in one of Boston’s most desirable and supply-constrained submarkets.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 16, 2026
$3,850,000
Original listing
Agent: Kevin Benzinger Office: Boston Realty Advisors

Tax History

Year Taxes Assessment
2026 $26,036 $1,991,800

Financial Details

Annual Property Tax
$26,036
Tax Year 2026
Assessed Value
$1,991,800

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1899
Living Area 3,792 sq ft
Lot Size 0.02 acres
Stories 4
Bedrooms 11
Full Baths 9
Total Rooms 38

Investment Metrics

Units 9
Unit 1 Rent $3,348/mo · Y
Unit 2 Rent $3,348/mo · Y
Total Monthly Rent $6,696/mo
Gross Income $315,456
Net Operating Income $315,456
Cap Rate 8.19%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction See Remarks
Architecture None
Roof Other
Features Other
Pool None
Spa None
Fencing None
Patio/Porch None
Features Other
Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $26,036
Assessed Value $1,991,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Owner
Documents None
County Suffolk

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1899
Bedrooms
11
Full Bathrooms
9
Living Area
3,792 sq ft
Total Rooms
38
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1899
Structure Type:
Exterior Materials: See Remarks
Roof: Other
Foundation: Other
Stories: 4

Utilities & Systems

Heating:
Cooling:
Hot Water: Other (See Remarks)
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Other
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features: Other
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
⚠ School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
↓ 1.8% below state avg
E

Elementary Schools

3 schools
Advent School
0.2 mi
Grades K-06
Park Street School
0.3 mi
Grades K-07
The Learning Project
0.6 mi
Grades K-06
M

Middle Schools

2 schools
B+
Darby Vassall Upper School
1.2 mi | #119 of 352 | Score: 47.6
Improved 25 spots from last year
-10.6 below state avg
296 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
Edwards Middle
1.4 mi
H

High Schools

3 schools
Commonwealth School
0.7 mi
Grades 09-12
C-
Edward M. Kennedy Academy for Health Careers: A Horace Mann Charter Public School - Lower Campus
0.7 mi | #305 of 346 | Score: 37.2
Improved 19 spots from last year
-21 below state avg
424 students Diverse
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-11
Snowden International
0.8 mi
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,170
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
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

Beacon Hill

98 Myrtle Street, Boston MA 02114

Boston, MA 02114

Listing Information

Listing Agent Kevin Benzinger
Listing Office Boston Realty Advisors
Office Phone 617-375-7900
Agent MLS ID CN216101
Office MLS ID AN8461
Listing Data Updated Oct 16, 2026 4:20 PM 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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Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
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