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High-yield, turnkey investment opportunity in Brookline’s coveted Washington Square! Tenants are in place paying $5,275 per month, offering a 5.5%+ cap rate, immediate cash flow, and long-term appreciation potential. This spacious 5-bedroom, 2-bath residence features a renovated open-concept kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and two updated bathrooms, including one with a walk-in shower. Hardwood floors, generously sized bedrooms, in-unit laundry, and bike storage add to the appeal. The professionally managed 8-unit association has completed major improvements, including a new roof in 2020 and a boiler replacement in 2016. Set on a quiet, tree-lined side street just steps from restaurants, cafés, shops, Star Market, parks, Coolidge Corner, and Cleveland Circle. Located less than a quarter mile from the Green Line and bus routes, with convenient access to Longwood Medical Area, downtown Boston, universities, and major highways. An exceptional opportunity for investors and future owner-occupants alike.
- Heating System:
- Baseboard
- Cooling System:
- Window Unit(s)
- Basement:
- No
- Security:
- Intercom
- Roof Deck:
- Rubber
- Country:
- US
- State:
- MA
- County:
- Norfolk
- City:
- Brookline
- Street:
- Garrison Road
- Street Number:
- 16
- Postal Code:
- 02445
- Accessibility:
- No
- HOA Amenities:
- Hot Water
- HOA Includes:
- Heat, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds, Water, Sewer
- Bathrooms:
- 2
- HOA Fee:
- 681.62
- Community Features:
- Public Transportation, Shopping, Bike Path, Public School, House Of Worship, T-station, University
- Construction:
- Frame
- Elementary School:
- John D Runkle
- Flooring:
- Wood, Tile
- High School:
- Brookline High School
- Laundry:
- In Unit, Electric Dryer Hookup
- Lot Size:
- 0
- Middle School:
- John D Runkle
- Property Type:
- Condominium
- Sewer:
- Public Sewer
- Type:
- Low-rise, Brownstone
- Zoning:
- Res
- Living Area (sqft):
- 1413
Residential For Sale
16 Garrison Road, Brookline, Massachusetts 02445
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $840,000
- Bedrooms :
- 5
- Bathrooms :
- 2
- Year Built :
- 1915
- Status :
- Active
