781-454-7502
1397-1401 Beacon St, Brookline, MA for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

1397-1401 Beacon St
Brookline, MA 02446
Coolidge Corner


HIGHLIGHTS

  • GENERATIONAL BROOKLINE INVESTMENT OPPORTUNITY WITH SCALE
  • SIGNIFICANT UPSIDE IN RENTS & POTENTIAL CONDO CONVERSION
  • OUTSTANDING PROXIMITY TO LONGWOOD MEDICAL AREA & LIFESTYLE AMENITIES

OVERVIEW

CBRE Capital Markets has been exclusively retained to sell The Brookline Portfolio (The “Property”), a 117-unit portfolio of two abutting properties (Marion Square & The Regent) in the Coolidge Corner neighborhood of Brookline, MA. While we are offering these properties as a portfolio, ownership will consider individual offers. We will be conducting tours with a call-for-offers to follow shortly thereafter. Marion Square consists of 51 apartments and 1 retail suite at 77 Marion Street and 1405 Beacon Street. The main building is 77 Marion built in 2003, which is comprised of a four-story podium apartment community with elevator service, a roof deck and a three-level, underground parking garage. The 1405 Beacon building is a four-story walkup building built in 1910. The two buildings are on the same tax parcel. The Regent is is a 65-unit apartment community at 1401 Beacon Street Built in 1929, the building has been well maintained and have seen several upgrades to common areas and apartment homes over the years.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

65

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Regent

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

G175

APN/PARCEL ID

BROO-000165-000020-000022

ASK ABOUT THIS PROPERTY

John McLaughlinCBRE Inc.More Info
781-454-7502

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John McLaughlinCBRE Inc.More Info
781-454-7502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.