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18-20 Roberts St

Brookline, MA 02445
  • $4,975,000
  • STATUS: Under Agreement
  • MLS #: 73157322
Pending
UPDATED: 11 min ago
$4,975,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1850
County:

School Ratings & Info

Listing courtesy of Matt Bless of Conway - West Roxbury.

Description

Extraordinary opportunity to own a turn key 12-unit investment property in Brookline, one of Bostons 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 ACs. 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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-11-30T15:05:48.597.
www.teamrosoremax.com/homes/143221818
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18-20 Roberts St Brookline, MA 02445

  • Price: $4,975,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 11 min ago
  • MLS #: 73157322
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1850
Built
County:
Norfolk
Property Description
Extraordinary opportunity to own a turn key 12-unit investment property in Brookline, one of Bostons 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 ACs. 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.
Exterior Features

Frontage Length 65.00 Parking Total 0 Waterfront YN No

Property Features

Business Type 5+ Residential Buyer Agency Compensation 2% Contingency Inspection Gross Income 333888 Home Warranty YN No Net Operating Income 245225 Operating Expense 88663 Senior Community YN No Tax Annual Amount 46638 Tax Year 2023 Transaction Broker Compensation 1% Utilities Public WaterPublic Sewer Zoning M10

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Matt Bless of Conway - West Roxbury: 617-469-9200.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-11-30T15:05:48.597.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Matt Bless of Conway - West Roxbury.