$1,595,000
PENDING $105K PRICE DROP

Estimated payment $9,268/month

Total Views 3,540
6 Beds
6 Baths
2,872 Sq Ft
$555 Price per Sq Ft

Highlights

  • Marina
  • Property is near public transit
  • Park
  • Medical Services
  • Corner Lot
  • 5-minute walk to Putnam Square Park

About This Home

116 Brooks Street contains a total of six residential units, consisting of four (4) Studio units and two (2) 1-Bedroom/1-Bathroom units. 116 Brooks Street has been impeccably maintained during its ownership and includes numerous upgrades including a new Lochinvar Boiler and HP Hot Water Tank (2021), various renovations to the units’ interiors (Unit 5 features condo-quality finishes) as well as upgraded common areas. The Landlord is responsible for heat & hot water as well as electric. In-place rents are below the current market rent for comparable units in the area, offering the Buyer the potential to raise rents and increase current revenue through programmatic upgrades of the unrenovated unit interiors as well as upgrading the building’s electrical service to feature separate electric. Unit 3 is currently vacant and will need to be renovated for the highest and best use. 116 Brooks Street is situated in an exceptional urban location in East Boston.

Listing Agent

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 08/08/2025

Co-Listing Agent

Dennis Kelleher

Horvath & Tremblay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,841

Year Built

  • Built in 1899

Lot Details

  • 871 Sq Ft Lot
  • Corner Lot

Home Design

  • Rubber Roof

Interior Spaces

  • 2,872 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 1333375

Community Details

Overview

  • 6 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Building Details

  • Operating Expense $39,650
  • Net Operating Income $102,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,841

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1899
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 2872
  • Living Area: 2872
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: Other (See Remarks)
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1333375
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 25
  • Tax Annual Amount: 10841

Multi Family

  • Net Operating Income: 102910
  • Number Of Units Total: 6
  • Operating Expense: 39650
  • Total Actual Rent: 11880
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2025 11/01/25 Pending -- -- --
10/13/2025 10/13/25 Price Changed $1,595,000 -4.8% $555 / Sq Ft
09/07/2025 09/07/25 Price Changed $1,675,000 -1.5% $583 / Sq Ft
08/08/2025 08/08/25 For Sale $1,700,000 +195.7% $592 / Sq Ft
01/31/2014 01/31/14 Sold $575,000 -11.5% $200 / Sq Ft View Prior Sale
01/01/2014 01/01/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $649,900 +80.5% $226 / Sq Ft
06/12/2012 06/12/12 Sold $360,000 -12.0% $125 / Sq Ft View Prior Sale
05/13/2012 05/13/12 Pending -- -- --
04/19/2011 04/19/11 For Sale $409,000 -- $142 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73415554

MLS Property Information Network (MLS PIN)