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.
This home has been viewed 98 times
Last Checked: May 7th, 2024 at 6:17am (Source: MLS PIN #73157322)
Gross Income: $0
Gross Expenses: $46,638
Net Income Calc: $46,638
Annual Expenses for 18-20 Roberts St, Brookline MA 02445
Total Gross Expenses (Calculated)$46,638/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax46638
Annual Income & Unit Breakdown for 18-20 Roberts St, Brookline MA 02445
Total Gross Income (Calculated)$0
General Information for 18-20 Roberts St, Brookline MA 02445
Listing ID73157322
Property TypeMulti Family / 5+ Family
Price4975000
Style
CityBrookline
CountyNorfolk
Neighborhood(s)Brookline Village (Brookline) v1
Approximate Living Area Total0
Approximate Lot Size (Acres)0.17
Total Parking0
Year Built1850
Water
Sewer
Electric
Hot Water
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Basement
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Outdoor Space
ZoningM10
Zoning DetailsLegal Conforming
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Disclosures for 18-20 Roberts St, Brookline MA 02445
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
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 Compensation1%
Compensation Based On
Financial Information for 18-20 Roberts St, Brookline MA 02445
Real Estate Taxes46638
Tax Year2023
Assessed Value$0
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 18-20 Roberts St, Brookline MA 02445
Neighborhood(s)Brookline Village (Brookline) v1
Area Amenities
Contact Information for 18-20 Roberts St, Brookline MA 02445