+41 photos

Photo Gallery (42)

293 Cypress St Brookline MA 02445

Off Market

$2,500,000

Units: 3

$833,333 Price / Unit

$11,811 Total Rent

CAP Rate 4.12%

4,000 Total Living Area

3 Total Parkings

Opportunity Knocks! Located in the highly desirable Brookline Hills area, this 3-unit mixed use building offers something for investors or future home owners. This 3-unit (2 residential 1 commercial) building has consistent rental income. The location could not be better being close to Brookline Village, Route 9, MBTA Green line, Longwood Medical, Jamaica Pond, and the newly redesigned Robinson Playground is just across the street. Lincoln School is a short walk away. Second and Third floor units each offer 3 bedrooms, living room, laundry, newly updated kitchens and 1 bath with approximately 1300 sf of living space w/hardwoods. Storage space available in basement and space for 3 cars in paved off street parking. Great views off of your back porch. First floor is leased to family pizza/sandwich restaurant with MBTA bus stop just outside. It is approx.1274 sq ft. with additional storage space in basement. Great walking cycling and public transit scores make this location perfect

Annual Expenses for 293 Cypress St

Total Expense:

Real Estate Taxes: $19,325

Heating:

Electricity:

Water:

Gas:

Insurance:

Sewer:

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: Yes

Annual Income for 293 Cypress St

Gross Income: $103,032

Net Operating Income: $103,032

Estimated CAP Rate: 4.12% NOI ($103,032) ÷ List Price ($2,500,000) = 4.12%

Unit 1

$4,200/mo

Beds3

Baths1

Floor2

Levels1

Leased

Unit 2

$4,386/mo

Beds3

Baths1

Floor3

Levels1

Leased

Building Features for 293 Cypress St

Living Area: 4,000

Lot Size (Acres): 0.08

Lot Size (sqft): 3,406

Year Built: 1910

Listing ID: 73272600

Total Parking: 3

Garage Parking: 0

Parking Features:

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: $19,325

Tax Year: 2024

Assessed Value: $1,850,400

Living Area Disclosure: 2600 sq ft residential. 1400 sf retail on first floor

Title 5:

Lead Paint: Unknown

Rent Includes:

Exclusions:

Disclosures: Taxes include residential exemption. The listed rent collected include commercial restaurant on first floor. It does not include the amounts paid by first floor tenant for property tax and insurance.

Listing Lifecycle for 293 Cypress St

List Date: 2024-08-01

Off Market Date: 2024-12-30

Under Agreement Date:

Sold Date:

List Office: John J. Canney

Listing Agent: John Canney

Original List Price: $2,500,000

Sold Price:

Last Updated on: 2025-12-21 12:53:35 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: