3-5 High St - Apartments FOR SALE


Brookline, MA 02445- Brookline Village
$2,195,000 USD
203-414-9232
3-5 High St, Brookline, MA for Sale
$2,195,000 USD
Apartments - FOR SALE
1/2
null | 4.72% Cap Rate

3-5 High St
Brookline, MA 02445
Brookline Village


OVERVIEW

Northeast Private Client Group, Inc. is pleased to present 3 High Street Place, a three unit multifamily property in Brookline Village, one block from Route 9 and a short walk from the Brookline Village Green Line station. Offered at $2,195,000, or $731,667 per unit and $770.18 per square foot, the property brings a roster of all-two-bedroom apartments to one of Greater Boston's most established rental submarkets. Built in 1910, the building holds three identical two-bedroom apartments set on a 0.075-acre lot zoned M10. The building was gut-renovated in 2022 — all systems, windows, and the roof replaced — leaving a simple product to lease and manage. Heat is gas-fired hot water; tenants pay their own electricity on separate meters, while ownership carries water and sewer and trash. The property draws on Brookline's schools, transit, and proximity to the Longwood Medical Area. In-place income is stabilized, set by leases that run into 2027, so the cash flow is contracted rather than speculative. The town assessor rates the structure Grade A in good condition, describing a property maintained rather than deferred. 3 High Street Place offers a stabilized multifamily investment: an all-two-bedroom, Grade A building in Brookline Village, carrying contracted in-place income in one of Greater Boston's most established rental submarkets. All interested and qualified parties will have the opportunity to obtain additional information upon request.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

3

PRICE/UNIT

$731,667

CAP RATE

4.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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