New Construction
Address
1618 Beacon Brookline, MA
Price
$ 3,499,000
Property Attributes
  • MLS#72802932
  • TypeMulti-Family
  • CountyNORFOLK
  • CityBrookline
  • Zip02445
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1898
  • Taxes20683
  • Price$ 3,499,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage5080
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Stella Shlayen with Trio Realty Group.
Data Source:
MLSPIN
Property Description

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.

High School
Brookline High School
Price History
3/24/2021 Listed $3,499,000

General Features

Construction Material Brick
Fireplaces 3
Full Baths 4
Half Baths 1
High School Brookline
Lead Paint Unknown
Levels 2
Parking Spaces 7
Roof Rubber
Sewer City/Town Sewer
Square Feet 5080.00
State Massachusetts
Total Fireplaces 3
Unit 1 Rent 1400
Unit 2 Rent 2200

Interior Features

Bedrooms (1) 1
Bedrooms (2) 2
Total Bedrooms 5
Total Number of Units 5

Exterior Features

Foundation Poured Concrete
Lot Description Level

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02445

Price
AVG $2.68M
$3.5M
Taxes
AVG $20,844
$20,683
Visits
AVG 52
46
Year Built
AVG 1901
1898

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