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14-16 Davis Ave Brookline MA 02445

Sold

$5,100,000

Units: 14

$364,286 Price / Unit

$4,940 Total Rent

CAP Rate 4.61%

11,064 Total Living Area

3 Total Parkings

A true masterpiece in Brookline Village, this 14 unit built brick behemoth is four-stories + basement and presents a "once in a blue-moon" opportunity. Situated in a AAA location, it is minutes from Longwood Medical Area and steps from public transit. This 13,830 SqFt building is 100% occupied, generating a substantial monthly income of nearly $33K a month. The property features a diverse mix of 14 units: four studios, six one-bedroom apartments, and four two-bedroom residences, plus three valuable off-street parking spaces. More than just a property, this is a piece of Brookline history offering significant financial upside. Its solid rental history reflects its prime location and timeless appeal. For the visionary buyer, this is a canvas. A condo conversion in this coveted location could be a home run, while strategic renovations could significantly increase the rental income. This is a rare chance to acquire a landmark property. Don't let this be the one that got away!

Annual Expenses for 14-16 Davis Ave

Total Expense: $147,261

Real Estate Taxes: $54,609

Heating:

Electricity:

Water:

Gas:

Insurance:

Sewer:

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: No

Annual Income for 14-16 Davis Ave

Gross Income: $382,355

Net Operating Income: $235,094

Estimated CAP Rate: 4.61% NOI ($235,094) ÷ List Price ($5,100,000) = 4.61%

Unit 1

$2,750/mo

Beds2

Baths1

Levels1

Leased

Unit 2

$2,190/mo

Beds1

Baths1

Levels1

Leased

Building Features for 14-16 Davis Ave

Living Area: 11,064

Lot Size (Acres): 0.15

Lot Size (sqft): 6,551

Year Built: 1860

Listing ID: 73403853

Total Parking: 3

Garage Parking: 0

Parking Features: Off Street

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 14-16 Davis Ave

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: T-5

Zoning Description: TWO-FAMILY & ATTACHED SINGLE-FAMILY

Zoning Category: two_family

Zoning FAR:

Zoning Min Lot: 5,000

Disclosures for 14-16 Davis Ave

Real Estate Taxes: $54,609

Tax Year: 2025

Assessed Value: $5,532,800

Living Area Disclosure:

Title 5:

Lead Paint: Unknown

Rent Includes:

Exclusions:

Disclosures: Property sold "as is". Rent roll and expenses available upon request.

Listing Lifecycle for 14-16 Davis Ave

List Date: 2025-07-14

Off Market Date: 2025-07-29

Under Agreement Date: 2025-07-16

Sold Date: 2025-10-16

List Office: Walker Residential Property LLC

Listing Agent: Marcus Walker

Original List Price: $5,100,000

Sold Price: $5,300,000

Last Updated on: 2025-12-21 12:54:57 from: mls-pin

Buyer Agent’s Office: Walker Residential Property LLC

Buyer’s Agent: Marcus Walker