Rare found 4-unit property in Brookline: three residential apartments and one retails/commercial space. 4 off-street parking and plenty space on street, coin-operated laundry in the lower level. All utilities are separated. The 1st floor retails space has central AC and half bathroom, and it can be used for many use cases. Both 2nd and 3rd units have 3 bedroom with two full bathrooms plus 2nd floor has central AC. Each three residential unit has laundry hook-up in the unit. Young roof, vinyl siding, recent updates including but not limited to new hardwood flooring, granite kitchen countertop, bathrooms and more. With increasing high inflation, what would be better than owning your real estate rental property to hedge the inflation? Condo conversion is possible, buyer does their own due diligent research.
This home has been viewed 37 times
Last Checked: May 7th, 2024 at 2:36am (Source: MLS PIN #73048874)
Gross Income: $149,400
Gross Expenses: $18,544
Net Income Calc: $130,856
CAP Rate: 5.23%
Annual Expenses for 803-807 Boylston St, Brookline MA 02467
Total Gross Expenses (Calculated)$18,544/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$18,544.54
Annual Income & Unit Breakdown for 803-807 Boylston St, Brookline MA 02467
Total Gross Income (Calculated)$149,400
Unit 1
Rental Income$4,200
LeaseY
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income$3,200
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income$3,200
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income$1,850
LeaseY
Bedrooms1
Bathrooms1 Full
Floor4
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
General Information for 803-807 Boylston St, Brookline MA 02467
Listing ID73048874
Property TypeMulti Family / 4 Family
Price$2,500,000 ($519.97/SqFt)
Style4 Family - 4 Units Up/down
CityBrookline
CountyNorfolk
MLS Area
Neighborhood(s)Chestnut Hill (Brookline / Newton / Boston)
Approximate Living Area Total4,808 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCleared
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningMixed Use
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 803-807 Boylston St, Brookline MA 02467
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureIncluding three office/training/storage rooms in t
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$149,400
Total Net Income By Broker$149,400
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 803-807 Boylston St, Brookline MA 02467
Real Estate Taxes$18,544.54
Tax Year2021
Assessed Value$1,892,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$149,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$149,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.23%
Location Information for 803-807 Boylston St, Brookline MA 02467
Elementary School
Middle School
High School
Neighborhood(s)Chestnut Hill (Brookline / Newton / Boston)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, Private School, University
Contact Information for 803-807 Boylston St, Brookline MA 02467