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293 Cypress St Brookline MA 02445

Active

$2,500,000

Units: 2

$1,250,000 Price / Unit

$8,978 Total Rent

CAP Rate 3.50%

4,404 Total Living Area

3 Total Parkings

A turnkey investment or owner-occupant gem in Brookline’s highly sought after area.This mixed-use property features two spacious 3-bedroom residential units over a established commercial restaurant space with consistent income .Perfect for the savvy investor seeking stable yields or a homeowner looking to offset their mortgage with commercial and residential rent.This property combines classic Brookline charm with an unbeatable location and functional upgrades.Don't miss this high-performing asset.Two 1513 sq ft. residential units are fully furnished with hardwood floors, washer and dryer as well as an outdoor porch.The first floor is a family dining restaurant with a strong lease and great payment history.There is dedicated storage for all units in the basement.Plenty of recreational opportunities nearby including the newly remodeled Robinson Playground across the street.Very easy MBTA access and close proximity to the Boston medical area make this a prime location.Paved parking for 3

Annual Expenses for 293 Cypress St

Total Expense: $45,643

Real Estate Taxes: $19,212

Heating:

Electricity: $2,820

Water:$1,746

Gas: $5,171

Insurance:$8,938

Sewer:$1,746

Trash Removal: $3,164

Repair & Maintenance: $1,500

Management:

Miscellaneous:$1,122

APOD Available: No

Annual Income for 293 Cypress St

Gross Income: $178,370

Net Operating Income: $87,561

Estimated CAP Rate: 3.50% NOI ($87,561) ÷ List Price ($2,500,000) = 3.50%

Unit 1

$4,500/mo

Beds3

Baths3

Floor2

Levels1

Leased

Unit 2

$4,478/mo

Beds3

Baths3

Floor3

Levels1

Leased

Building Features for 293 Cypress St

Living Area: 4,404

Lot Size (Acres): 0.08

Lot Size (sqft): 3,406

Year Built: 1910

Listing ID: 73515119

Total Parking: 3

Garage Parking: 0

Parking Features: Off Street

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 293 Cypress St

Neighborhood: Pill Hill

Elementary School: William H. Lincoln

Buffer Zone:

High School: Brookline High School

Historic District:

Voting Precinct: 5 Located at (New) Lincoln School, 19 Kennard Road

Zoning Code: M-1.0

Zoning Description: APARTMENT HOUSE

Zoning Category: multi_family

Zoning FAR: 1

Zoning Min Lot:

Disclosures for 293 Cypress St

Real Estate Taxes: $19,212

Tax Year: 2025

Assessed Value: $1,946,500

Living Area Disclosure: 3026 sq ft. Residential. 1471 sf commercial on floor 1, 1489 sq ft unfinished basement

Title 5:

Lead Paint: Unknown

Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water)

Exclusions:

Disclosures:

Listing Lifecycle for 293 Cypress St

List Date: 2026-05-07

Off Market Date:

Under Agreement Date:

Sold Date:

List Office: John J. Canney

Listing Agent: John J. Canney

Original List Price: $2,500,000

Sold Price:

Last Updated on: 2026-05-10 00:00:07 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: