45 Garrison Rd

6,108 Sq. Ft.
$385 / Sq. Ft.
6,108
Sq. Ft.
$385
per Sq. Ft.

Description

Incredible, RARE opportunity to own a FIVE unit brick building on a quiet side street in Washington Square. The units have all been recently renovated and there are EIGHT (8+) parking spaces! Fully leased with over $150,000/yr in gross income and NOI of nearly $115,000/yr providing a solid cap rate of almost 5% in one of the most desirable areas of Brookline. Conveniently located just one block off of Beacon St. with easy access to stores, restaurants and both the C & D green line trains.Incredible, RARE opportunity to own a FIVE unit brick building on a quiet side street in Washington Square. The units have all been recently renovated and there are EIGHT (8+) parking spaces! Fully leased with over $150,000/yr in gross income and NOI of nearly $115,000/yr providing a solid cap rate of almost 5% in one of the most desirable areas of Brookline. Conveniently located just one block off of Beacon St. with easy access to stores, restaurants and both the C & D green line trains.
  1. Listed by Adam Umina • Metro Realty Corp.

Property Details for 45 Garrison Road

Town
Brookline
Area
MA-Brookline
Garage Spaces
0
Open Parking Spaces
8.00
Parking Spaces Total
8
LISTING CLOSED: 09/30/2013 12:00 AM

Property Details for 45 Garrison Road

StatusSold
MLS #71553952
Days on Market20
Taxes$18,574 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyNorfolk County

Location

Listing Courtesy of Metro Realty Corp., Adam Umina

Sold By Metro Realty Corp., Adam Umina

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Building Information for 45 Garrison Road

Stories10Residences5Year Built1900Building Size-Lot Size0.10 AC / 4,363 SF

Payment Calculator

$13,258 per month

30 year fixed, 6.36% Interest

Principal and Interest

$11,710

Property Taxes

$1,548

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 45 Garrison Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 6108.0
  • Total Units: 5
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled, Unit 4 Remodeled
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Unit 3(Range, Disposal, Unit 4(Range
  • Basement Features: Full
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceFeatures: Unit 2(Fireplace - Wood burning)
  • FireplaceYN: Yes
  • Fireplaces: 3
  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 4(Hardwood Floors)
  • Interior Features: Unit 1(Stone/Granite/Solid Counters, Upgraded Cabinets, Walk-In Closet), Unit 2(Bathroom With Tub & Shower, Open Floor Plan), Unit 3(Stone/Granite/Solid Counters, Bathroom With Tub & Shower), Unit 4(Stone/Granite/Solid Counters, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Brick
  • Exterior Features: Unit 2 Balcony/Deck
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Shared Driveway, Off-Street, Tandem
  • Open Parking: Yes
  • Parking Features: Shared Driveway, Off-Street, Tandem
  • Parking Features: Off-Street, Tandem
Utilities
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators), Unit 4(Hot Water Radiators)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: B:224 L:0015 S:0000,37716
  • Assessments: $1,594,300
  • Book: 30474
  • Tax Year: 2013
  • Zoning: M20
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Other
  • Foundation Area: 9999999.0
Income / Expenses
  • Electricity: $1,014.00
  • GOI: $151,200.00
  • Insurance: $2,884.00
  • GRE: $36,754
  • HTE: $12,000
  • RFS: $1,000
  • NOI: $114,446.00
  • Operating Expense: $36,754.00
  • WSE: $1,282.00
Unit Information
Unit 1 Description
  • Floor U1: 0
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $12,567.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 45 Garrison Road

DateEvent & SourcePriceAppreciation
Oct 1, 2013

Sold (Public Record)

Public Record #369915328

$2,350,000

+41.5% / yr

Sep 30, 2013

Sold

MLS PIN #71553952

$2,350,000
Jul 31, 2013

Under Agreement

MLS PIN #71553952

DateEvent & SourcePrice
10/01/2013

Sold (Public Record)

Public Record #369915328

$2,350,000

+41.5% / yr

09/30/2013

Sold

MLS PIN #71553952

$2,350,000
07/31/2013

Under Agreement

MLS PIN #71553952

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 45 Garrison Road

Taxable ValueLand$1,193,700Additions$2,367,500Total$3,561,200
Tax Record2025$35,149 ($2,929 / month)
Home Facts
Baths6.5Total Finished SqFt5,296 SqFtAbove Grade Finished SqFt5,296 SqFtUnfinished Basement SqFt763 SqFtStories4Lot Size4,365 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1975ZoningM20CountyNORFOLKAPNBROO B:224 L:0015 S:0000

Schools near 45 Garrison Road

This home is within Brookline School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 12
Private - PK to 8
Rating
School
Distance
John D Runkle School
PublicPK to 8

Brookline High School
Public9 to 12

Maimonides School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Metro Realty Corp., Adam Umina

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.