NOT LISTED FOR SALE
18 Beds
12 Baths
8,280 Sq Ft
7,305 Sq Ft Lot Lot

Sale Details

Date 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73156167

MLS Property Information Network (MLS PIN)
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