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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.
General Information for 116 Brooks St East Boston, MA 02128 |
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| Town | Boston - East Boston |
| Village | East Boston |
| County | Suffolk |
| Stories | 3 |
| SQFT | 2,872 |
| Status | Available |
| Listing Number | 73415554 (MLSPIN) |
Rooms Information for 116 Brooks St East Boston, MA 02128 |
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Interior Information for 116 Brooks St East Boston, MA 02128 |
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Exterior Information for 116 Brooks St East Boston, MA 02128 |
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| Lot Size | 0.02 acres |
| Lot Description | Corner Lot |
| Lot | Corner Lot |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 116 Brooks St East Boston, MA 02128 |
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| Neighborhood Amenities | Public Transportation Shopping Park Medical Facility Laundromat Highway Access House of Worship Marina Private School Public School T-Station |
Miscellaneous Information for 116 Brooks St East Boston, MA 02128 |
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| Year Built | 1899 |
| Association Fee | 0 |
| Taxes | $10,841 /Yr |
| Comp | Buyer Agency Compensation:2.5 Buyer Agency Compensation Type:% Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On:Net Sale Price Sub-Agency Relationship Offered:No |
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| Condo | Data |
|---|---|
| Units | 6,248 |
| Avg Price | $914,629 |
| Avg Days Listed | 105 |
| Total New Listings | 22 |
| House | Data |
|---|---|
| Units | 11,462 |
| Avg Price | $1,252,782 |
| Avg Days Listed | 89 |
| Total New Listings | 2 |
| Multi-Family | Data |
|---|---|
| Units | 2,026 |
| Avg Price | $1,268,939 |
| Avg Days Listed | 109 |
| Total New Listings | 6 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
(AN2723/TM359859)
