Property Description

Exceptional development opportunity on over 25k sf of level land in one of Brighton’s most sought-after neighborhoods. 47 & 49 are two three family homes along with a 3 bay brick garage. The properties are offered together, presenting a rare chance to reimagine two adjacent parcels in a prime urban setting steps from Brighton Center, St. Elizabeth’s Medical Center, public transit, and vibrant local amenities. The combined lot offers generous frontage and flexibility for investors, builders, or end-users exploring multi-unit redevelopment, expansion, or long-term hold potential. Existing structures provide immediate rental income while planning future improvements. With strong neighborhood demand, proximity to major universities, and easy access to Boston, this location supports a wide range of residential possibilities. Buyers to perform all due diligence regarding zoning, permitting, and feasibility. A standout opportunity to create value in a high-growth corridor of Brighton!

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 24
  • Total Full Baths: 12
  • Total Half Baths: 1
  • Total Fireplaces: 3
  • Amenities: Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full, Partially Finished
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 318600
  • Net Operating Income: 225000

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1989
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73487237
  • Last Updated: 03/16/26
  • Terms: Contract for Deed, Rent w/Option

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Seller's Representative: Brian J. Fitzpatrick, Coldwell Banker Realty - Waltham
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-16 15:14:00