197-199 Winchester St - Brookline, MA
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197-199 Winchester St Brookline MA 02446

Off Market

$6,600,000

Units: 2

$3,300,000 Price / Unit

$19,998 Total Rent

CAP Rate 3.64%

5,957 Total Living Area

 7 Total Parkings

New Renovation Plus Addition Two Family with exceptional rental potential. This one-of-a-kind home has been tastefully renovated with luxurious designer finishes. Each home features large rooms with great closet space, open living areas and exceptional private outdoor spaces including private yards and the roof deck of your dreams. Each unit has private entrances with no common space under the roof making efficient use of all the potential living space. There is extra storage for each unit in the basement/garage level. 4 garage parking spaces plus a large driveway that can accommodate additional vehicles. Those looking to owner occupy can benefit from 3 garage parking spaces plus outdoor parking while still offering a direct access and unblocked garage parking to their tenant. Rent potential of $15,000 to $20,000 per month for each unit, $35,000 to $40,000 gross rents.

Annual Expenses for 197-199 Winchester St

Total Expense: 

Real Estate Taxes: $22,065

Heating:

Electricity:

Water:

Gas:

Insurance:

Sewer:

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: No

Annual Income for 197-199 Winchester St

Gross Income: $239,976

Net Operating Income: $239,976

Estimated CAP Rate: 3.64% NOI ($239,976) ÷ List Price ($6,600,000) = 3.64%

Unit 1
$9,999/mo
Beds4
Baths3.5
Floor1
Levels2
N
Unit 2
$9,999/mo
Beds4
Baths3.5
Floor2
Levels2
N

Building Features for 197-199 Winchester St

Living Area: 5,957

Lot Size (Acres): 0.17

Lot Size (sqft): 7,501

Year Built: 1925

Listing ID: 73383712

Total Parking: 7

Garage Parking: 4

Parking Features: Paved Drive, Off Street, Driveway

Water: Public

Sewer: Public Sewer

Electric: 110 Volts, Circuit Breakers

Location Information for 197-199 Winchester St

Neighborhood: Coolidge Corner

Elementary School: Florida Ruffin Ridley

Buffer Zone: Driscoll/Ridley

High School: Brookline High School

Historic District:

Voting Precinct: 9 Located at Senior Center, 93 Winchester Street

Zoning Code: T-6

Zoning Description: TWO-FAMILY & ATTACHED SINGLE-FAMILY

Zoning Category: two_family

Zoning FAR:

Zoning Min Lot: 6,000

Disclosures for 197-199 Winchester St

Real Estate Taxes: $22,065

Tax Year: 2025

Assessed Value: $2,235,600

Living Area Disclosure:

Title 5:

Lead Paint: Unknown

Rent Includes:

Exclusions:

Disclosures: Agent has ownership interest in property

Listing Lifecycle for 197-199 Winchester St

List Date: 2025-06-02

Off Market Date: 2025-12-31

Under Agreement Date:

Sold Date:

List Office: RE/MAX On the Charles

Listing Agent: Jason Gell

Original List Price: $6,800,000

Sold Price:

Last Updated on: 2026-01-01 06:02:05 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent:

Brook Brook Online