5 Eliot Avenue - Brookline, MA
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5 Eliot Avenue Brookline MA 02467

Sold

$1,495,000

Units: 3

$498,333 Price / Unit

$8,090 Total Rent

CAP Rate 5.98%

3,230 Total Living Area

 4 Total Parkings

5 Eliot Avenue offers investors the opportunity to purchase a fully leased residential three-family property located in Brookline, Massachusetts. Two units are comprised of two-bedroom, one-bathroom units, with (one) three-bedroom, two-bathroom unit. The three-bedroom, two-bathroom unit spans two floors and includes in-unit laundry, +/-1,600 square feet, mini-split systems, and allows owner-occupants ample living area. Recent capital improvements in 2011 include upgraded plumbing (PVC), upgraded electrical with sub-panels in unit, and foam insulation on first two floors. Four car parking is onsite (4 spaces, 2 tandem spaces that fit 4 cars). Located less than 100 yards from Hayes School (Heath School), 5 Eliot Avenue contains 3,230 square feet of living area, per measured plans attached. Three residential leases provide over $8K a month in rental income. Tenants pay their own utilities, including heat and electric.

Annual Expenses for 5 Eliot Avenue

Total Expense: $7,683

Real Estate Taxes: $15,524

Heating:

Electricity: $600

Water:$1,980

Gas: $400

Insurance:$3,181

Sewer:$1,980

Trash Removal: $1,272

Repair & Maintenance: $250

Management:

Miscellaneous:

APOD Available: No

Annual Income for 5 Eliot Avenue

Gross Income: $97,080

Net Operating Income: $89,397

Estimated CAP Rate: 5.98% NOI ($89,397) ÷ List Price ($1,495,000) = 5.98%

Unit 1
$2,400/mo
Beds2
Baths1
Floor1
Levels1
Leased
Unit 2
$2,490/mo
Beds2
Baths1
Floor2
Levels1
Leased
Unit 3
$3,200/mo
Beds3
Baths2
Floor3
Levels2
Leased

Building Features for 5 Eliot Avenue

Living Area: 3,230

Lot Size (Acres): 0.05

Lot Size (sqft): 2,239

Year Built: 1919

Listing ID: 73362677

Total Parking: 4

Garage Parking: 0

Parking Features: Paved Drive, Off Street

Water: Public

Sewer: Public Sewer

Electric:

Location Information for 5 Eliot Avenue

Neighborhood: Chestnut Hill

Elementary School: Roland Hayes

Buffer Zone:

High School: Brookline High School

Historic District:

Voting Precinct: 14 Located at Heath School Gymnasium, 100 Eliot 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 5 Eliot Avenue

Real Estate Taxes: $15,524

Tax Year: 2025

Assessed Value: $1,572,800

Living Area Disclosure: Living area per measured floor plan attached; buyer to confirm/remeasure

Title 5:

Lead Paint: Unknown

Rent Includes:

Exclusions:

Disclosures: See attached floor plan. Bedrooms in unit #1 and #2 have exterior door. Buyer and buyer rep to confirm all information. 5 Eliot Avenue was rebuilt around 2012 due to a fire. Solar panels on roof. Leases expire summer 2025. Water expenses includes sewer. Hallway baseboard connects to unit boiler

Listing Lifecycle for 5 Eliot Avenue

List Date: 2025-04-22

Off Market Date: 2025-05-10

Under Agreement Date: 2025-04-28

Sold Date: 2025-07-10

List Office: Compass

Listing Agent: Carleton Ashley

Original List Price: $1,495,000

Sold Price: $1,680,000

Last Updated on: 2025-12-21 12:54:50 from: mls-pin

Buyer Agent’s Office: Charles River Properties, LLC

Buyer’s Agent: Juan Gao