59 Addington Rd

6,118 Sq. Ft.
$523 / Sq. Ft.
6,118
Sq. Ft.
$523
per Sq. Ft.

Description

59 Addington Rd. represents an unparalleled investment opportunity for a core investor. Located on a quiet tree lined side street in Washington Square, the 3-story apartment building consists of approximately 6,118 sqft of living space and is 100% leased with an average lease term of 12 months. All of the leases are due to expire at varying times during the summer of 2018. The offering is a rare opportunity to purchase a 6 unit brick apartment building in the highly sought after location of Washington...59 Addington Rd. represents an unparalleled investment opportunity for a core investor. Located on a quiet tree lined side street in Washington Square, the 3-story apartment building consists of approximately 6,118 sqft of living space and is 100% leased with an average lease term of 12 months. All of the leases are due to expire at varying times during the summer of 2018. The offering is a rare opportunity to purchase a 6 unit brick apartment building in the highly sought after location of Washington Square with bonus SIX off street parking. The location offers easy access to public transportation as well as many parks, shops and trendy restaurants along Beacon Street. The building is comprised of one 3 bedroom 1.5 bath apartment, two 2 bedroom one bath apartments and three 1 bedroom one bath apartments. Three of the six apartments have been tested for lead paint and are considered to be lead free. The rubber roof was replaced in 1998 and the oil fed boiler was replaced in 2011.
  1. Listed by Adam Umina • Metro Realty Corp.
  2. Listed by Mark Pearlstein • Metro Realty Corp.

Property Details for 59 Addington Road

Town
Brookline
Area
MA-Brookline
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING CLOSED: 05/24/2018 12:00 AM

Property Details for 59 Addington Road

StatusSold
MLS #72292714
Days on Market37
Taxes$20,261 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1910
CountyNorfolk County

Location

Listing Courtesy of Metro Realty Corp., Adam Umina; Metro Realty Corp., Mark Pearlstein

Sold By Coldwell Banker Realty - Belmont, Albert Bouchie

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Building Information for 59 Addington Road

Stories11Residences6Year Built1910Building Size-Lot Size0.10 AC / 4,439 SF

Payment Calculator

$17,634 per month

30 year fixed, 6.36% Interest

Principal and Interest

$15,946

Property Taxes

$1,688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 59 Addington Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Other (See Remarks)
  • Current Financing: Conv. Fixed
  • Living Area: 6118.0
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Partially Finished
  • Num of Baths: 7.0
  • Num of Full Baths: 6
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 6.50
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Interior Features: Other(See Remarks), Other (See Remarks)
  • Interior Features: Other(See Remarks), Other (See Remarks)
Exterior Features
  • Construction: Frame, Brick
  • Lot Description: Other
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Central, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: B:220 L:0029 S:0000,37405
  • Assessments: $2,141,800
  • Book: 9414
  • Tax Year: 2018
  • Zoning: M10
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 1
Income / Expenses
  • Electricity: $1,098.00
  • GOI: $168,036.00
  • Insurance: $5,529.00
  • GRE: $53,837
  • HTE: $7,957
  • MSE: $3,835
  • RME: $11,383
  • NOI: $114,199.00
  • Operating Expense: $53,837.00
  • WSE: $4,062.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • 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: $10,195.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 59 Addington Road

DateEvent & SourcePriceAppreciation
May 24, 2018

Sold (Public Record)

Public Record #623233786

$3,200,000

+245.1% / yr

May 24, 2018

Sold

MLS PIN #72292714

$3,200,000
Apr 20, 2018

Under Agreement

MLS PIN #72292714

DateEvent & SourcePrice
05/24/2018

Sold (Public Record)

Public Record #623233786

$3,200,000

+245.1% / yr

05/24/2018

Sold

MLS PIN #72292714

$3,200,000
04/20/2018

Under Agreement

MLS PIN #72292714

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

Public Records for 59 Addington Road

Taxable ValueLand$1,241,600Additions$1,635,900Total$2,877,500
Tax Record2021$28,200 ($2,350 / month)
Home Facts
Baths10Total Finished SqFt6,642 SqFtAbove Grade Finished SqFt5,244 SqFtFinished Basement SqFt1,398 SqFtUnfinished Basement SqFt350 SqFtStories3Lot Size4,439 SqFtStyleMulti-Family Res (5+ Units)Year Built1910Year Renovated1995ZoningM10CountyNORFOLKAPNBROO B:220 L:0029 S:0000

Schools near 59 Addington 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 - 7 to 12
Rating
School
Distance
John D Runkle School
PublicPK to 8

Brookline High School
Public9 to 12

Maimonides School
PrivatePK to 12

Beacon High School
Private7 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Metro Realty Corp., Adam Umina; Metro Realty Corp., Mark Pearlstein

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.