5 Eliot Avenue offers investors the opportunity to purchase a fully leased residential three-family property located in Brookline, Massachusetts. Two units are comprised of two-bedroom, one-bathroom units, with (one) three-bedroom, two-bathroom unit. The three-bedroom, two-bathroom unit spans two floors and includes in-unit laundry, +/-1,600 square feet, mini-split systems, and allows owner-occupants ample living area. Recent capital improvements in 2011 include upgraded plumbing (PVC), upgraded electrical with sub-panels in unit, and foam insulation on first two floors. Four car parking is onsite (4 spaces, 2 tandem spaces that fit 4 cars). Located less than 100 yards from Hayes School (Heath School), 5 Eliot Avenue contains 3,230 square feet of living area, per measured plans attached. Three residential leases provide over $8K a month in rental income. Tenants pay their own utilities, including heat and electric.
— MLSPIN #: 73362677Map of 5 Eliot Avenue, Brookline, MA 02467
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| List Price: | $1,495,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73362677 |
| Town: | Brookline |
| Neighborhood: | Chestnut Hill |
| County: | Norfolk |
| Zip: | 02467 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family |
| Bedrooms: | 7 |
| Full Baths: | 4 |
| Living Area: | 3,230 sqft |
| Acres: | 0.05 |
| Taxes: | 15,524 |
| Flooring: | Carpet, Hardwood |
| Lot Features: | Corner Lot |
| Parking Features: | Paved Drive, Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1919 |
| Roof: | Shingle |
| Directions: | Off of Eliot Crescent |
| Foundation Details: | Stone |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-04-22 |
| Lot Size Area: | 0.05 |
| Lot Size Square Feet: | 2,239 |
| Rooms Total: | 14 |
| Bathrooms Total Integer: | 4 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Measured |
| Building Area Total: | 3,230 |
| Community Features: | Public Transportation, Tennis Court(s), Park |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | 39243 |
| Patio And Porch Features: | Porch, Deck |
| Road Frontage Type: | Public, Private Road |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Electric Range, for Gas Oven, for Electric Oven |
| Zoning: | Res |
| High School: | Brookline High |
| Middle Or Junior School: | Ronald Hayes |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | See attached floor plan. Bedrooms in unit #1 and #2 have exterior door. Buyer and buyer rep to confirm all information. 5 Eliot Avenue was rebuilt around 2012 due to a fire. Solar panels on roof. Leases expire summer 2025. Water expenses includes sewer. Hallway baseboard connects to unit boiler |
| Electric Expense: | $600 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $97,080 |
| Gross Scheduled Income: | $400 |
| Insurance Expense: | $3,181 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 7,683 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $462.85 |
| Page: | 1234 |
| Price Per Sqft: | $462.85 |
| Square Feet Disclosures: | Living area per measured floor plan attached; buyer to confirm/remeasure |
| Square Feet Incl Base: | No |
| Net Operating Income: | $89,397 |
| Operating Expense: | $7,683 |
| Original List Price: | $1,495,000 |
| Parking Total: | 4 |
| Tax Assessed Value: | $1,572,800 |
| Tax Year: | 2025 |
| Total Actual Rent: | $8,090 |
| Water Sewer Expense: | $1,980 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 2 |
| Hot Water: | Natural Gas |
| Rent1: | 2,400 |
| Rent2: | 2,490 |
| Rent3: | 3,200 |
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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 April 30, 2025 12:57 AM
Property Last Updated: April 28, 2025 08:38 AM
Listing Courtesy of: Compass
Listing Agent: Carleton Ashley
617-272-5440
