1678 Beacon St, Brookline, MA
Not Available - Off MarketPrice Reduced $1,000
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This Property is No Longer Available
1678 Beacon St, Brookline, MA 02445
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$2,998,000
7 Unit
2 Beds
5 Baths
5211 SQFT
0.09 Acre

Property Description

Presenting a unique opportunity to acquire a well-established mixed-use property with parking in the vibrant heart of Washington Square. This family-owned building has been a cherished asset for decades and is now available at an attractive price, offering significant potential for growth. The property features a diverse array of thriving businesses, including a dental practice, therapist office, educational resource center, massage therapy studio, and a property management company, alongside a stunning residential penthouse boasting dramatic vaulted ceilings. With minimal vacancy and a robust rental history, this investment promises stable returns and a very large upside for income with upgrades

Property Details tap to expand

Building Information

  • Total Units: 7
  • Total Floors: 8
  • Total Bedrooms: 2
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Finished, Other (See Remarks)

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 169100
  • Gross Expenses: 42091
  • Net Operating Income: 127009

Utilities

  • Heat Zones: 4
  • Cooling Zones: 2
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Levels: 1

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73301042
  • Last Updated: 12/19/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/19/2024Canceled$2,998,000MLSPIN
12/19/2024Canceled$2,998,000$575MLSPIN
11/08/2024Active$2,998,000$575MLSPIN
11/08/2024Active$2,998,000MLSPIN
11/04/2024Price Change$2,998,000MLSPIN
11/04/2024Price Change$2,998,000$575MLSPIN
10/31/2024Active$2,999,000MLSPIN
10/27/2024New$2,999,000MLSPIN
10/14/2024Active$2,999,000$576MLSPIN
10/10/2024New$2,999,000$576MLSPIN
02/15/2023Expired$3,450,000$764MLSPIN
02/14/2023Temporarily Withdrawn$3,450,000$764MLSPIN
02/04/2023Active$3,450,000$764MLSPIN
01/31/2023Extended$3,450,000$764MLSPIN
01/13/2023Active$3,450,000$764MLSPIN
01/09/2023Price Change$3,450,000$764MLSPIN
12/20/2022Active$3,499,000$775MLSPIN
12/16/2022New$3,499,000$775MLSPIN

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Seller's Representative: Arthur Deych, Red Tree Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-19 16:51:00

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