12 Perry St - Brookline, MA
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12 Perry St Brookline MA 02445

Off Market

$2,250,000

Units: 3

$750,000 Price / Unit

$9,600 Total Rent

CAP Rate 3.41%

3,144 Total Living Area

 0 Total Parkings

Live Smart. Invest Smarter. With a net operating income of $76,820 annually and a cap rate of 3.41%, 12 Perry Street in Brookline Village is a rare opportunity for owner-occupants or savvy investors looking to build equity while offsetting the mortgage with rental income. Tucked away on a quiet street, this updated 3-family offers three spacious 2-bedroom units—each with one or one-and-a-half baths, private deck or patio space, in-unit laundry, and separate utilities. Whether you choose to live in one unit and rent the others or accommodate extended family, this property offers both flexibility and financial upside. With a partially finished basement, walk-up attic, modern systems, and the benefit of a tax-saving residential exemption, there's room to grow and even more room to gain. Just minutes to parks, the Green Line, Longwood Medical, top-rated schools, cafes, and more—this location delivers unbeatable convenience, charm, and long-term value.

Annual Expenses for 12 Perry St

Total Expense: $38,380

Real Estate Taxes: $20,617

Heating:

Electricity: $140

Water:$3,000

Gas:

Insurance:$12,816

Sewer:$3,000

Trash Removal: $600

Repair & Maintenance: $1,000

Management:

Miscellaneous:

APOD Available: Yes

Annual Income for 12 Perry St

Gross Income: $115,200

Net Operating Income: $76,820

Estimated CAP Rate: 3.41% NOI ($76,820) ÷ List Price ($2,250,000) = 3.41%

Unit 1
$3,000/mo
Beds2
Baths1
Floor1
Levels1
Leased
Unit 2
$3,000/mo
Beds2
Baths1.5
Floor2
Levels1
N
Unit 3
$3,600/mo
Beds2
Baths1.5
Floor3
Levels1
N

Building Features for 12 Perry St

Living Area: 3,144

Lot Size (Acres): 0.04

Lot Size (sqft): 1,825

Year Built: 1890

Listing ID: 73374436

Total Parking: 0

Garage Parking: 0

Parking Features: Off Street

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 12 Perry St

Neighborhood: Brookline Village

Elementary School: John Pierce

Buffer Zone:

High School: Brookline High School

Historic District:

Voting Precinct: 6 Located at BHS Schluntz Gymnasium, 115 Greenough Street

Zoning Code: M-1.0

Zoning Description: APARTMENT HOUSE

Zoning Category: multi_family

Zoning FAR: 1

Zoning Min Lot:

Disclosures for 12 Perry St

Real Estate Taxes: $20,617

Tax Year: 2025

Assessed Value: $2,088,900

Living Area Disclosure: All information obtained from public record. Buyer and buyer's agent to do their due diligence.

Title 5:

Lead Paint: Unknown

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

Exclusions:

Disclosures: All information obtained from public record. Buyer and buyer's agent to do their due diligence.

Listing Lifecycle for 12 Perry St

List Date: 2025-05-14

Off Market Date: 2025-07-18

Under Agreement Date:

Sold Date:

List Office: Keller Williams Realty Colonial Partners

Listing Agent: Katelyn Fisher

Original List Price: $2,500,000

Sold Price:

Last Updated on: 2025-12-21 12:54:50 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: