NOT LISTED FOR SALE
18 Beds
12 Baths
8,280 Sq Ft
7,405 Sq Ft

Last Sold December 14, 2023

Last sale price $4,400,000 $531 Per Sq Ft

61 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan
  • William H. Lincoln School Rated A+
  • Laundry Room
  • 2-minute walk to Mary E. Robinson Playground

About This Home

As of December 2023

Extraordinary opportunity to own a turn key 12-unit investment property in Brookline, one of Boston’s premier rental markets. Excellent condition, strong income, with several units currently below market. Located in a picturesque and vibrant neighborhood, 5 minute walk to Brookline Hills T stop (D line), close to Brookline Village, Longwood Medical, Lincoln Elementary, Olmsted Park and all amenities. Neighborhood parks, coffee shops, grocery store and restaurants all within 1-2 blocks. Charming landscaped courtyard adds to tenant appeal. 6 one-bedrooms and 6 two-bedrooms, 5 with wood floors and 5 with new stainless appliances, all are updated and have wall AC’s. Storage units for each apartment in basement, 4 new hot water heaters, top-of-the-line Veissmann boiler and 3 sets of coin operated laundry. Truly a rare chance to acquire a meticulously maintained income property of this size in Brookline.

Last Agent to Sell the Property

Matt Bless

Thrive Realty Partners Listed on: 09/06/2023

Co-Listed By

David Morganstern

Conway - West Roxbury

Last Buyer's Agent

Eric Shabshelowitz

Cabot & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $46,638

Year Built

  • Built in 1850

Lot Details

  • 7,305 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 8,280 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Lincoln Elementary And Middle School
  • BHS High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 12 Units
  • Net Operating Income $245,225

Listing and Financial Details

  • Total Actual Rent $27,824
  • Rent includes unit 1(heat hot water), unit 2(heat hot water)
  • Assessor Parcel Number B:306 L:0014 S:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$46,638

Year Built

Built in 1850

Lot Details

7,305 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1850
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Hardwood Floors
  • Interior Amenities: Ceiling Fan(s), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 18
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Laundry Features: Laundry Room
  • Living Area: 8280
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: A14050
  • MAIN SO: NA9365

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard,Natural Gas, Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: B:306 L:0014 S:0000
  • Zoning: M10
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7305
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 46638

Multi Family

  • Net Operating Income: 245225
  • Number Of Units Total: 12
  • Total Actual Rent: 27824
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

  • High School: Bhs
  • Elementary School: Lincoln
  • Middle Or Junior School: Lincoln
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/14/2023 12/14/23 Sold $4,400,000 -11.6% $531 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $4,975,000 -5.2% $601 / Sq Ft
09/06/2023 09/06/23 For Sale $5,250,000 0.0% $634 / Sq Ft
04/15/2016 04/15/16 Rented $2,100 0.0% --
04/04/2016 04/04/16 Under Contract -- -- --
03/16/2016 03/16/16 For Rent $2,100 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $51,216 $5,189,100 $1,421,900 $3,767,200
2024 $47,222 $4,833,400 $1,421,900 $3,411,500
2023 $46,638 $4,677,800 $1,895,900 $2,781,900
2022 $43,999 $4,317,900 $1,895,900 $2,422,000
2021 $42,529 $4,339,700 $1,895,900 $2,443,800
2020 $39,519 $4,181,900 $1,895,900 $2,286,000
2019 $35,568 $3,795,900 $1,812,300 $1,983,600
2018 $33,390 $3,529,600 $1,394,100 $2,135,500
2017 $32,934 $3,333,400 $1,394,100 $1,939,300
2016 $31,932 $3,064,500 $1,226,800 $1,837,700
2015 $29,160 $2,730,300 $1,115,300 $1,615,000
2014 $21,779 $1,912,100 $830,600 $1,081,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73156167

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.