12 Parkman St - Brookline, MA
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12 Parkman St Brookline MA 02446

Active

$3,395,000

Units: 4

$848,750 Price / Unit

$11,045 Total Rent

CAP Rate 2.49%

6,243 Total Living Area

 4 Total Parkings

Exceptional four-unit building in a prime Brookline location! Close to Coolidge Corner (off Beacon Street). A rare find, offered for sale for the first time in more than 30 years. Four units in total: three upper units offering 3+ bedrooms, over 1500 square feet, original woodwork, high ceilings and charm, plus a street-level two-bedroom unit. All units are separately metered, and three of four leases expire 8/31/26 — offering immediate flexibility for an owner-occupant or anyone looking to reposition the asset. Four dedicated private parking spaces are included! The location near Coolidge Corner offers measurable value for tenants and owners alike. Proximity to the Green Line, plus the boutiques shops, restaurants, cafés, and everyday amenities that make Coolidge Corner one of Greater Boston's most vibrant and popular neighborhoods. Whether for rental income or redevelopment, this property offers a compelling opportunity in one of Brookline's most sought-after areas.

Annual Expenses for 12 Parkman St

Total Expense: $35,574

Real Estate Taxes: $34,495

Heating: $16,100

Electricity:

Water:

Gas: $660

Insurance:$6,454

Sewer:

Trash Removal: $3,360

Repair & Maintenance: $9,000

Management: 0

Miscellaneous:

APOD Available: No

Annual Income for 12 Parkman St

Gross Income: $120,000

Net Operating Income: $84,426

Estimated CAP Rate: 2.49% NOI ($84,426) ÷ List Price ($3,395,000) = 2.49%

Unit 1
$2,750/mo
Beds3
Baths1.5
Floor1
Levels1
Leased
Unit 2
$3,015/mo
Beds4
Baths1.5
Floor2
Levels1
Leased
Unit 3
$3,780/mo
Beds4
Baths1.5
Floor3
Levels1
Leased
Unit 4
$1,500/mo
Beds2
Baths1
Levels1
N

Building Features for 12 Parkman St

Living Area: 6,243

Lot Size (Acres): 0.1

Lot Size (sqft): 4,452

Year Built: 1915

Listing ID: 73517577

Total Parking: 4

Garage Parking: 0

Parking Features: Off Street

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 12 Parkman St

Neighborhood: Cottage Farm

Elementary School: Amos A. Lawrence

Buffer Zone: Ridley/Lawrence

High School: Brookline High School

Historic District:

Voting Precinct: 1 Located at BU-Wheelock College, 43 Hawes Street, (Monmouth Street Entrance)

Zoning Code: M-1.5

Zoning Description: APARTMENT HOUSE

Zoning Category: multi_family

Zoning FAR: 1.5

Zoning Min Lot:

Disclosures for 12 Parkman St

Real Estate Taxes: $34,495

Tax Year: 2026

Assessed Value: $3,336,100

Living Area Disclosure: Measurements are approximate. Buyers to do due diligence

Title 5:

Lead Paint: Unknown

Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Water)

Exclusions:

Disclosures: Unit 4 is the basement unit. Basement unit currently does not pay rent (family member). Prior tenant paid $1500

Listing Lifecycle for 12 Parkman St

List Date: 2026-05-13

Off Market Date:

Under Agreement Date:

Sold Date:

List Office: Keller Williams Realty Boston-Metro | Back Bay

Listing Agent: O'Connor & Highland

Original List Price: $3,395,000

Sold Price:

Last Updated on: 2026-05-14 00:01:39 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent:

Brook Brook Online