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Expired

1678 -1680 Beacon, Brookline MA 02446

$7,495,000

Estimated $19,261.03/month Calculator

Multi Family

Total Units: 11

Price Per Unit: $681,363.64

Total Rent: 186600/year

Estimated CAP Rate: 1.35%

4 Bedrooms

2 Full, 10 Half Baths

10,685 SqFt

Total Parking: 12

8,337 SqFt

Dream investment! Rare once in a generation offering of two adjacent brick brownstone buildings (separated by a walkway that leads from Beacon Street to parking) with 12 +/- parking spaces in the heart of Washington Square, one of Brookline's most desirable locations and with the MBTA Green Line at your door and local and national retail and some of Greater Boston's strongest residential properties surrounding you. Each building has prime retail space on the first floor (1678 has gorgeous dental suite while 1680 has a stunning spa/salon undergoing a major gut renovation with a new 5 year lease), charming office spaces with high ceilings above (or potentially convert all upper to apartments), and a residential apartment on the top floor of each building. Upper floor spaces rented below market. Multiple fireplaces and much detail throughout. New roof done in roughly the past year at 1680 Beacon. A unique chance to own a legacy property in one of Greater Boston's most desirable markets!

This home has been viewed 36 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73075992)

Gross Income: $186,600

Gross Expenses: $85,295

Net Income Calc: $101,305

CAP Rate: 1.35%

Annual Expenses for 1678 -1680 Beacon, Brookline MA 02446

Total Gross Expenses (Calculated)$85,295/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$85,295

Annual Income & Unit Breakdown for 1678 -1680 Beacon, Brookline MA 02446

Total Gross Income (Calculated)$186,600

Unit 1

Rental Income$8,000

LeaseY

Bedrooms0

Bathrooms4 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$2,500

LeaseY

Bedrooms0

Bathrooms2 Half

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,700

LeaseY

Bedrooms0

Bathrooms1 Half

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$2,350

Lease

Bedrooms2

Bathrooms1 Full

Floor4

Levels in Unit1

HeatingNo

Rent Includes

General Information for 1678 -1680 Beacon, Brookline MA 02446

Listing ID73075992

Property TypeMulti Family / 5+ Family

Price$7,495,000 ($701.45/SqFt)

Style5-9 Family

CityBrookline

CountyNorfolk

MLS Area

Neighborhood(s)Coolidge Corner (Brookline) v1, Washington Square (Brookline) v1

Approximate Living Area Total10,685 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking12

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningG-1.75

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1678 -1680 Beacon, Brookline MA 02446

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureSF approximate from public records, lower level sp

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$342,000

Total Net Income By Broker$250,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 1678 -1680 Beacon, Brookline MA 02446

Real Estate Taxes$85,295

Tax Year2020

Assessed Value$5,127,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$342,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$250,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.35%

Location Information for 1678 -1680 Beacon, Brookline MA 02446

Elementary SchoolDriscoll

Middle SchoolDriscoll

High SchoolBrookline High

Neighborhood(s)Coolidge Corner (Brookline) v1, Washington Square (Brookline) v1

MLS Area

Area AmenitiesWalk/jog Trails, Public School, Shopping, Park, Public Transportation, T-station, University

Contact Information for 1678 -1680 Beacon, Brookline MA 02446

Agent

Name: Todd Glaskin

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Team Members

Name: Gregg M. Leppo

Phone: 781-330-0592

Payment Calculator

, Interest

Property Taxes 7107.92

Principal & Interest 46181.81

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Todd Glaskin

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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[perc_test] => Array
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)

EXIT

Expired

1678 -1680 Beacon, Brookline MA 02446

$7,495,000

Annual Expenses for 1678 -1680 Beacon, Brookline MA 02446

Annual Income & Unit Breakdown for 1678 -1680 Beacon, Brookline MA 02446

General Information for 1678 -1680 Beacon, Brookline MA 02446

Disclosures for 1678 -1680 Beacon, Brookline MA 02446

Financial Information for 1678 -1680 Beacon, Brookline MA 02446

Location Information for 1678 -1680 Beacon, Brookline MA 02446

Contact Information for 1678 -1680 Beacon, Brookline MA 02446

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Exclusive Listing Agent

Coldwell Banker Realty - Newton

Todd Glaskin