+25 photos

Photo Gallery (26)

517 Heath Street Brookline MA 02467

Off Market

$1,600,000

Units: 2

$800,000 Price / Unit

$7,000 Total Rent

CAP Rate 4.81%

2,443 Total Living Area

3 Total Parkings

Prime Chestnut Hill investment: Lead-certified two-unit residence one block from Soule Recreation Park offers exceptional access to The Street, Green D line, Longwood Medical Area, and major transportation routes. First floor features a practical 2-bedroom layout, formal dining and living rooms, and kitchen with dedicated pantry. The light-filled upper unit offers an expansive living area, 3-bedroom layout, two full baths, private deck, and an enclosed front porch perfect for home office or playroom. The versatile third-floor offers flexible living space. Both units boast private laundry and rich hardwood floors. Turn-key condition throughout with practical amenities including generous basement storage, one-car garage, and additional driveway parking. This fully lead-compliant property combines proven rental history with sophisticated living, ready for immediate occupancy with flexible delivery options. *This property protected by 24-hr surveillance equipment.

Annual Expenses for 517 Heath Street

Total Expense: $7,000

Real Estate Taxes: $8,257

Heating:

Electricity:

Water:$4,000

Gas:

Insurance:$2,900

Sewer:$4,000

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: No

Annual Income for 517 Heath Street

Gross Income: $84,000

Net Operating Income: $77,000

Estimated CAP Rate: 4.81% NOI ($77,000) ÷ List Price ($1,600,000) = 4.81%

Unit 1

$3,000/mo

Beds2

Baths1

Floor1

Levels1

N

Unit 2

$4,000/mo

Beds3

Baths2

Floor2

Levels2

N

Building Features for 517 Heath Street

Living Area: 2,443

Lot Size (Acres): 0.09

Lot Size (sqft): 3,777

Year Built: 1920

Listing ID: 73370153

Total Parking: 3

Garage Parking: 1

Parking Features: Paved Drive, Off Street, Tandem, Paved

Water: Public

Sewer: Public Sewer

Electric: Circuit Breakers

Location Information for 517 Heath Street

Neighborhood: Chestnut Hill

Elementary School: Roland Hayes

Buffer Zone:

High School: Brookline High School

Historic District:

Voting Precinct: 15 Located at Fire Station 6 (Rear), 962 Hammond Street

Zoning Code: T-5

Zoning Description: TWO-FAMILY & ATTACHED SINGLE-FAMILY

Zoning Category: two_family

Zoning FAR:

Zoning Min Lot: 5,000

Disclosures for 517 Heath Street

Real Estate Taxes: $8,257

Tax Year: 2025

Assessed Value: $1,183,100

Living Area Disclosure:

Title 5:

Lead Paint: Certified Treated

Rent Includes: Unit 1(Water), Unit 2(Water)

Exclusions:

Disclosures: Taxes are net of residential exemption for FY25. Unit 1 currently occupied by tenant at will. Unit 2 available with estimated rental value of $4k. Lead paint compliance documents attached (see paperclip). Please review the complete Seller's Statement of Property Condition (see paperclip).

Listing Lifecycle for 517 Heath Street

List Date: 2025-05-06

Off Market Date: 2025-11-06

Under Agreement Date:

Sold Date:

List Office: Leading Edge Real Estate

Listing Agent: Noha Soliman

Original List Price: $1,600,000

Sold Price:

Last Updated on: 2025-12-21 12:55:01 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: