803 - 807 Boylston Street - Brookline, MA
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803 – 807 Boylston Street Brookline MA 02467

Off Market

$2,199,000

Units: 4

$549,750 Price / Unit

$11,500 Total Rent

CAP Rate 6.19%

4,808 Total Living Area

 4 Total Parkings

$136K rental income turn-key investment in Brookline/Chestnut Hill: 4-unit are fully leased(1st w/retails, 2nd/3rd/4th w/residential), 4 off-street parkings at the back of the building. Young roof, vinyl siding, separated utilities, heating by gas. Lower level/basement with walkout entrance. Each residential apartment has laundry hook-up in the unit, but tenants are using coin-operated laundry in the basement. Recent updates are included but not limited to new hardwood flooring, granite kitchen countertop, bathrooms and more. Minutes walking to Heath school. Easy to rent. Current rents are below market. Condo conversion is possible. Nothing to do but collecting rents.

Annual Expenses for 803 – 807 Boylston Street

Total Expense: 

Real Estate Taxes: $23,573

Heating:

Electricity:

Water:

Gas:

Insurance:

Sewer:

Trash Removal:

Repair & Maintenance:

Management:

Miscellaneous:

APOD Available: No

Annual Income for 803 – 807 Boylston Street

Gross Income: $136,200

Net Operating Income: $136,200

Estimated CAP Rate: 6.19% NOI ($136,200) ÷ List Price ($2,199,000) = 6.19%

Unit 1
$3,000/mo
Floor1
Levels2
Leased
Unit 2
$3,200/mo
Beds3
Baths2
Floor2
Levels1
Leased
Unit 3
$3,200/mo
Beds3
Baths2
Floor3
Levels1
Leased
Unit 4
$2,100/mo
Beds1
Baths1
Floor4
Levels1
Leased

Building Features for 803 – 807 Boylston Street

Living Area: 4,808

Lot Size (Acres): 0.09

Lot Size (sqft): 4,045

Year Built: 1900

Listing ID: 73182826

Total Parking: 4

Garage Parking: 0

Parking Features: Paved Drive, Off Street, On Street, Paved

Water: Public

Sewer: Public Sewer

Electric: 220 Volts, Individually Metered

Location Information for 803 – 807 Boylston Street

Neighborhood: Chestnut Hill

Elementary School:

Buffer Zone:

High School: Brookline High School

Historic District:

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

Zoning Code: L-0.5

Zoning Description: LOCAL BUSINESS

Zoning Category: commercial

Zoning FAR: 0.5

Zoning Min Lot:

Disclosures for 803 – 807 Boylston Street

Real Estate Taxes: $23,573

Tax Year: 2023

Assessed Value: $1,969,900

Living Area Disclosure: Including three offices in the Lower level with walkout entrance.

Title 5:

Lead Paint: Unknown

Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Exclusions:

Disclosures: About the condo conversion, the buyer and buyer agent to do their due diligence.

Listing Lifecycle for 803 – 807 Boylston Street

List Date: 2023-11-27

Off Market Date: 2024-05-18

Under Agreement Date:

Sold Date:

List Office: Coldwell Banker Realty - Andover

Listing Agent: Mei Zhou

Original List Price: $2,199,000

Sold Price:

Last Updated on: 2026-02-02 11:18:12 from: mls-pin

Buyer Agent’s Office:

Buyer’s Agent: