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Beacon Hill Brownstone in Need of Some TLC Trades Fast

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The 115-year-old brownstone at 79 Joy Street in Beacon Hill dropped on the sales market in early August for $1,790,000. The Coldwell Banker listing made no bones about it: The 3,000-square-foot, five-floor spread offered "lots of opportunity for improvement" and needed "modern updates," meaning that the price tag was only the beginning of the cost of ownership. Well, that did not prevent a quick trade of 79 Joy. A deal for it closed Thursday. In the end, the 4-BR, 4.5-BA spread went for a rather precise $1,737,000. That's a discount from the asking, of course, but the new owner will surely make that difference up quickly.
· 16 Peeks at a Beacon Hill Brownstone Asking Nearly $2M [Curbed Boston]
· Our Big Deals archive [Curbed Boston]