For Sale

1539 Beacon St, Brookline, MA

Brookline · MA 02446

$21,750,000
Price
99
Beds
85.5
Baths
37670
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 56 Units
Lot size: 0.42 Acre Lot
Price per square foot: $577 / Sq.Ft
Parking: No Parking

About this home

We are pleased to present the opportunity to acquire Beacon Fairbanks Manor, a 56-unit apartment community in one of Greater Boston’s most highly ranked and supply-constrained submarkets, Brookline, MA. Beacon Fairbanks Manor occupies a prime position on Beacon Street between Coolidge Corner and Washington Square, sitting directly on the MBTA Green Line Fairbanks Street stop. The property consists of 11 Studios, 30-One Bedroom, and 15-Two Bedroom units. The property provides durable in-place income underpinned by an irreplaceable location and strong tenant demographic, paired with a clear value-add business plan with significant upside. The property sits within a short commute of the 213-acre Longwood Medical Area; home to Brigham and Women’s Hospital, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, and Dana Farber Cancer Institute. Additionally, Beacon Fairbanks Manor provides rapid transit to tenants who work in the major employment hubs of Boston, Cambridge, Brookline, and beyond. Nearby amenities are unmatched within Coolidge Corner and Washington Square, known for boutique dining, grocery options, retail, nightlife, and a strong sense of community that supports low turnover rates.

Neighborhood & Transit

Coolidge Corner

1539 Beacon St, Brookline · MA 02446

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Fairbanks Street Green 0.03 mi
  • Brandon Hall Green 0.12 mi
  • Washington Square Green 0.21 mi
  • Summit Avenue Green 0.31 mi
  • Tappan Street Green 0.39 mi

Price Insight

Days on Market:
16 days
Listing Price:
$21,750,000
Price per Sq.Ft:
$577
Tax Assessment:
$21,410,800 in 99
Taxes:
$8 / Monthly

Home Facts

Interior Features

Bedrooms
99
Full Bathrooms
56
Half Bathrooms
59
Living Area
37,670 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
37670
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
18,359 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Other (See Remarks)
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Kevin Benzinger
Listing office
Boston Realty Advisors
MLS PIN #
73592434