116 Brooks Street contains a total of six residential units, consisting of four (4) Studio units and two (2) 1-Bedroom/1-Bathroom units. 116 Brooks Street has been impeccably maintained during its ownership and includes numerous upgrades including a new Lochinvar Boiler and HP Hot Water Tank (2021), various renovations to the units’ interiors (Unit 5 features condo-quality finishes) as well as upgraded common areas. The Landlord is responsible for heat & hot water as well as electric. In-place rents are below the current market rent for comparable units in the area, offering the Buyer the potential to raise rents and increase current revenue through programmatic upgrades of the unrenovated unit interiors as well as upgrading the building’s electrical service to feature separate electric. Unit 3 is currently vacant and will need to be renovated for the highest and best use. 116 Brooks Street is situated in an exceptional urban location in East Boston.
— MLSPIN #: 73415554Map of 116 Brooks St, Boston, MA 02128
List Price: | $1,700,000 |
---|---|
Status: | New |
MLS ID: | 73415554 |
Town: | Boston |
Neighborhood: | East Boston |
County: | Suffolk |
Zip: | 02128 |
Property Type: | Residential Income |
Property Sub Type: | 5-9 Family |
Bedrooms: | 6 |
Full Baths: | 6 |
Living Area: | 2,872 sqft |
Acres: | 0.02 |
Taxes: | 10,841 |
Lot Features: | Corner Lot |
Status: | Active |
Water Source: | Public |
Year Built: | 1899 |
Roof: | Rubber |
Directions: | Please use GPS |
Foundation Details: | Other |
Electric: | Other (See Remarks) |
Listing Contract Date: | 2025-08-08 |
Lot Size Area: | 0.02 |
Lot Size Square Feet: | 871 |
Rooms Total: | 10 |
Bathrooms Total Integer: | 6 |
Building Area Source: | Public Records |
Building Area Total: | 2,872 |
Community Features: | Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station |
Levels: | 3 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 6 |
Parcel Number: | 1217872 |
Sewer: | Public Sewer |
Waterfront Features: | 1/2 to 1 Mile To Beach |
Zoning: | R4 |
Stories Total: | 3 |
Year Built Source: | Public Records |
Farm Land Area Units: | Square Feet |
Gross Income: | $142,560 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | Yes |
Comp Based On: | Net Sale Price |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 1 |
Gre: | 39,650 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $591.92 |
Page: | 39 |
Price Per Sqft: | $591.92 |
Square Feet Incl Base: | No |
Sub Agency Offered: | No |
Net Operating Income: | $102,910 |
Operating Expense: | $39,650 |
Original List Price: | $1,700,000 |
Tax Assessed Value: | $936,200 |
Tax Year: | 25 |
Total Actual Rent: | $11,880 |
Year Built Details: | Approximate |
Bedrms 1: | 1 |
Bedrms 2: | 1 |
F Bths 1: | 1 |
F Bths 2: | 1 |
Hot Water: | Natural Gas |
Rent1: | 1,850 |
Rent2: | 1,650 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on August 10, 2025 08:01 AM
Property Last Updated: August 08, 2025 12:22 PM
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Kelleher - Pentore Team
781-776-4004