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Winthrop Road Apartments 108-116 Winthrop Rd 18 Unit Apartment Building For Sale Brookline, MA 02445
INVESTMENT HIGHLIGHTS
- Ideal Washington Square (Brookline) Location
- Exceptional Transit-Oriented Location
- Tenancy Driven by Medical & Educational Fields
- 100% Market-Rate With Below Market Rents
- Tremendous Value-Add Potential
- Less than 2 miles from the Longwood Medical Area
EXECUTIVE SUMMARY
Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 108-116 Winthrop Road, a boutique 18-unit, 100% market rate apartment building located in the heart of Brookline, Massachusetts. The property is situated in one of the most sought after streets in the coveted Washington Square neighborhood of Brookline, an affluent highly sought-after town bordering Boston to the west that boasts one of the best school systems in the country. The property is located blocks from the Beacon Street and MBTA Green Line and the location offers residents immediate access to the area’s major employers, academic institutions, shops, dining and entertainment destinations.
The building features charming common area spaces, attractively landscaped grounds, 14 on-site parking spaces, five (5) 3-bedroom units, ten (10) 3-bedroom units with dens and three (3) 3-bedrooms with two bathrooms units. All the apartment units offer large floor plans with oversized bedrooms, high ceilings, hardwood floors, large closets, and abundant natural light. Units have been updated with renovated kitchens and bathrooms. With these upgrades, and significantly below market rents, a new owner could significantly increase rents.
The building features charming common area spaces, attractively landscaped grounds, 14 on-site parking spaces, five (5) 3-bedroom units, ten (10) 3-bedroom units with dens and three (3) 3-bedrooms with two bathrooms units. All the apartment units offer large floor plans with oversized bedrooms, high ceilings, hardwood floors, large closets, and abundant natural light. Units have been updated with renovated kitchens and bathrooms. With these upgrades, and significantly below market rents, a new owner could significantly increase rents.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.43 AC |
| No. Units | 18 | Building Size | 34,849 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Low-Rise | Parking Ratio | 0.4/1,000 SF |
| Building Class | C | Cross Streets | Addington Rd |
| Zoning | M10 | ||
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 34,849 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.4/1,000 SF |
| Cross Streets | Addington Rd |
| Zoning | M10 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Public Transportation
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | BROO-000219-000001-000003 | Improvements Assessment | $8,357,000 |
| Land Assessment | $2,309,000 | Total Assessment | $10,666,000 |
PROPERTY TAXES
Parcel Number
BROO-000219-000001-000003
Land Assessment
$2,309,000
Improvements Assessment
$8,357,000
Total Assessment
$10,666,000
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Winthrop Road Apartments | 108-116 Winthrop Rd
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