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331 Cypress Street Brookline MA 02445

Off Market

$1,629,000

Units: 2

$814,500 Price / Unit

$7,478 Total Rent

CAP Rate 5.51%

2,685 Total Living Area

3 Total Parkings

**Seller will consider offers with concessions.** Wonderful deleaded 2 family property with off-street parking, perfect for investor OR owner occupant, with one unit available to be vacant at closing! First floor unit offers an updated kitchen and bathroom with two spacious bedrooms. It has independent access to a finished basement area with an additional bedroom/office, living area/family space, and an additional full bathroom. Perfect for a home office or in-law space! Second floor unit offers three full bedrooms, updated kitchen, plus one and a half bathrooms. It has direct access to a private laundry room and storage space in it's own independent portion of the basement. Each unit with private rear decks, and access to parking right out back. Steps to Olmsted Park, Jamaica Pond, Longwood Medical Center, BrooklinePro Village, two T stations, and so much more!Seller welcomes offers with requests for buyer concessions.

Annual Expenses for 331 Cypress Street

Total Expense:

Real Estate Taxes: $11,847

Heating:

Electricity:

Water:

Gas:

Insurance:

Sewer:

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: No

Annual Income for 331 Cypress Street

Gross Income: $89,736

Net Operating Income: $89,736

Estimated CAP Rate: 5.51% NOI ($89,736) ÷ List Price ($1,629,000) = 5.51%

Unit 1

$3,982/mo

Beds2

Baths2

Floor1

Levels1

Leased

Unit 2

$3,496/mo

Beds3

Baths1.5

Floor2

Levels1

Leased

Building Features for 331 Cypress Street

Living Area: 2,685

Lot Size (Acres): 0.07

Lot Size (sqft): 3,197

Year Built: 1920

Listing ID: 73265338

Total Parking: 3

Garage Parking: 0

Parking Features: Shared Driveway, Off Street, Unpaved

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 331 Cypress Street

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 331 Cypress Street

Real Estate Taxes: $11,847

Tax Year: 2024

Assessed Value: $1,212,600

Living Area Disclosure:

Title 5:

Lead Paint: Certified Treated

Rent Includes:

Exclusions:

Disclosures:

Listing Lifecycle for 331 Cypress Street

List Date: 2024-07-16

Off Market Date: 2024-10-31

Under Agreement Date:

Sold Date:

List Office: Gibson Sotheby's International Realty

Listing Agent: ResCo Team

Original List Price: $1,649,000

Sold Price:

Last Updated on: 2025-12-21 12:53:30 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: