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 45 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
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 Tax85295
Annual Income & Unit Breakdown for 1678 -1680 Beacon, Brookline MA 02446
Total Gross Income (Calculated)$186,600
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms4 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms2 Half
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Half
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor4
Levels in Unit1
Rent Includes
General Information for 1678 -1680 Beacon, Brookline MA 02446
Listing ID73075992
Property TypeMulti Family / 5+ Family
Price7495000 ($701.45/SqFt)
Style5-9 Family
CityBrookline
CountyNorfolk
Neighborhood(s)Coolidge Corner (Brookline) v1, Washington Square (Brookline) v1
Approximate Living Area Total10685
Approximate Lot Size (Acres)0.19
Total Parking12
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningG-1.75
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 1678 -1680 Beacon, Brookline MA 02446
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 1678 -1680 Beacon, Brookline MA 02446
Real Estate Taxes85295
Tax Year2020
Assessed Value$5,127,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
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
Area AmenitiesWalk/jog Trails
Contact Information for 1678 -1680 Beacon, Brookline MA 02446