96-98 Boylston St - Apartments FOR SALE


Brookline, MA 02445- Brookline Village
$2,100,000 USD
617-777-6109
96-98 Boylston St, Brookline, MA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

96-98 Boylston St
Brookline, MA 02445
Brookline Village


HIGHLIGHTS

  • Prime Brookline Village location near Green Line T, Children’s Hospital, and Longwood Medical area
  • 4-unit mixed-use property with strong rental upside
  • 2 vacant residential units ready for repositioning
  • Over 1,000 SF of unfinished attic space offers expansion potential
  • Separately deeded condos with metered utilities make it an ideal value-add or condo conversion play
  • Recent capital improvements

OVERVIEW

This rare offering presents a value-add mixed-use asset in Brookline Village. Comprising three floor-through residential units and one ground-level commercial office space, the property is just steps from the MBTA Green Line and Longwood Medical Area, making it an attractive destination for renters, professionals, and investors alike. • Residential Units: Spacious 2–3 bedroom floor-through layouts with high ceilings, wide pine floors, eat-in kitchens, and period details. Two of the three residential units are currently vacant and ready for repositioning to maximize rental income. • Commercial Unit: Street-level office with lobby/waiting area and direct access from Boylston Street. • Bonus Space: Over 1,000 SF of unfinished attic space (deeded to Unit 3) offers expansion potential. Room to expand commercial space. • Recent Upgrades: New roof, updated sewer line, electrical, windows, and gutters. Value-Add & Exit Opportunities • Condo Sale Potential: With ~$250,000 in renovations, the units could be brought to market standard and potentially sold off individually for a projected total of $2.8M+. • Rental Upside: Upgraded kitchens/baths ($20K–$30K per unit), improved HVAC (mini-splits with incentives), and better common areas could boost rents significantly. • Commercial Expansion: Potential to develop or enhance basement storage/office space. • Strategic Location: Brookline Village is undergoing transformation, driving strong demand for both rentals and owner-occupied housing. Ideal For: • Investors looking for a stabilized asset with repositioning upside • Developers considering condo resale or strategic upgrades • Buy-and-hold buyers seeking solid income in a prime transit-oriented neighborhood

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$654 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,997 SF

ZONING

G-1.0

APN/PARCEL ID

BROO-000318-000031

ASK ABOUT THIS PROPERTY

Declan O'TooleSelectRE Boston Investment Services GroupMore Info
617-777-6109

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Declan O'TooleSelectRE Boston Investment Services GroupMore Info
617-777-6109

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