Sold

1618 Beacon St, Brookline, MA

Brookline · MA 02446

$3,325,000
Price
5
Beds
4.5
Baths
5080
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1898
Units: 5 Units
Lot size: 4,229 Sq.Ft Lot
Price per square foot: $689 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

This is a rare opportunity! Approved Variance and Plans to develop a Boutique building in the heart of Washington Square, Brookline. Approved for 5 Units + a Commercial Storefront. Total approved FAR of 8,628 sq. ft. . The Units range from a Studio to a 4 Bedroom. Plans approved for direct access elevator to each Unit, 2 car garage and 5 outdoor parking spots, penthouse with huge deck overlooking Beacon Street, other Units with back decks. Currently the building is fully rented through 5/21. Begin developing this Gem on 6/1/21. With the current new construction condo market in Brookline selling at $1200/sq. ft., the potential is for a $7 Mill+ gross sell-off not including the commercial space. This building is perfect for a developer, an investor who wants to add a premier property to their portfolio, or an end user who can also generate income.

Neighborhood & Transit

1618 Beacon St, Brookline · MA 02446

Nearby transit

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

  • Washington Square Green 0.04 mi
  • Fairbanks Street Green 0.20 mi
  • Tappan Street Green 0.21 mi
  • Brandon Hall Green 0.30 mi
  • Beaconsfield Green 0.38 mi
  • Dean Road Green 0.38 mi
  • Summit Avenue Green 0.49 mi
  • Washington Street Green 0.49 mi

Price Insight

Days on Market:
2050 days
Listing Price:
$3,499,000
Price per Sq.Ft:
$689
Tax Assessment:
$1,856,900 in 2020
Taxes:
$1,724 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
5,080 Sq.Ft
Broker Disclosure about Living Area
Current FAR
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
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
4,229 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Stella Shlayen
Listing office
Trio Realty Group
MLS PIN #
72802932
Disclosure
Current FAR