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A Crown Jewel of Brookline. Once in a lifetime mixed-use property in a premier Coolidge Corner location. First time in 85 years. Incredible retail visibility where Beacon Street & Winchester Street meet. 9,984 Gross Square Feet. Six units with three commercial spaces and three residential apartments. Corner brick building with a unique curved front featuring oversized windows. Roofscape is French style with hexagonal and round turrets. The steep peaked gables complete with numerous prominent chimneys. Many recent capital improvements include repointing, new boiler, new roof & window replacements. Meticulous freshly painted common areas. Each apartment has hardwood floors with spacious rooms, many windows and high ceilings. Common laundry located in the basement serves residential tenants. The unfinished attic for storage has high ceilings is open for creative possibilities. 10/10 LOCATION steps away from the Summit Ave Green Line (T), shopping, restaurants & in the heart of Coolidge.
Annual Expenses for 1394 Beacon Street
Total Expense: $73,779
Real Estate Taxes: $36,772
Heating:
Electricity: $3,448
Water:$3,448
Gas: $10,028
Insurance:$10,815
Sewer:$3,448
Trash Removal: $783
Repair & Maintenance: $9,053
Management: 0
Miscellaneous:$2,004
APOD Available: Yes
Annual Income for 1394 Beacon Street
Gross Income: $184,248
Net Operating Income: $110,469
Estimated CAP Rate: 2.81% NOI ($110,469) ÷ List Price ($3,925,000) = 2.81%
Unit 2
$4,704/mo
Floor1
Levels1
Leased
Unit 3
$3,000/mo
Beds3
Baths1
Floor2
Levels1
Leased
Unit 4
$3,600/mo
Beds3
Baths1
Floor3
Levels1
Leased
Building Features for 1394 Beacon Street
Living Area: 9,984
Lot Size (Acres): 0.06
Lot Size (sqft): 2,818
Year Built: 1890
Listing ID: 73194396
Total Parking: 0
Garage Parking: 0
Parking Features:
Water: Public
Sewer: Public Sewer
Electric:
Location Information for 1394 Beacon Street
Neighborhood: Coolidge Corner
Elementary School: Florida Ruffin Ridley
Buffer Zone: Ridley/Pierce/Driscoll
High School: Brookline High School
Historic District:
Voting Precinct: 11 Located at Driscoll School, New Gymnasium, Washington Street Entrance
Zoning Code: G-1.75(CC)
Zoning Description: GENERAL BUSINESS
Zoning Category: commercial
Zoning FAR: 1.75
Zoning Min Lot:
Disclosures for 1394 Beacon Street
Real Estate Taxes: $36,772
Tax Year: 2024
Assessed Value: $3,075,100
Living Area Disclosure: Square footage is from measured plans. 9984 SF = Apx Gross SF including attic + basement.
Title 5:
Lead Paint: Unknown
Rent Includes:
Exclusions:
Disclosures: Buyer to due their own due-diligence. Current use as 3 commercial spaces and 3 residential apartments.
Listing Lifecycle for 1394 Beacon Street
List Date: 2024-01-17
Off Market Date: 2024-04-03
Under Agreement Date: 2024-03-11
Sold Date: 2024-04-30
List Office: Century 21 Cityside
Listing Agent: Collin Bray
Original List Price: $3,925,000
Sold Price: $3,655,000
Last Updated on: 2026-02-02 11:18:08 from: mls-pin
Buyer Agent’s Office: Compass
Buyer’s Agent: Siu Fu Lau Team
Brook
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