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Commonwealth Development 1789 Commonwealth Ave 1 Unit Apartment Building $2,950,000 ($2,950,000/Unit) Brighton, MA 02135
Investment Highlights
- Dream location in AAA+ Cleveland Circle Location
- Strong rental property for long-term hold
- Steps to MBTA Green Line at your door
- Incredible development potential - buyer to do due diligence.
Executive Summary
Dream Covered Land Play in Boston's premier location! Spacious three family with outstanding rental history at over $190,000 gross rent - dream rental or condo location with the MBTA Green Line at your door and Boston College and Brookline/Boston's best dining and shopping just minutes away. Rare NEARLY 1/2 ACRE lot in an area where lots this size are impossible to find. Current owners went through a long process and got approved 39 Unit Redevelopment with ZBA and BPDA and are Currently subject to active abutter appeal. An ideal time to purchase a generational rental property on an incredible piece of land. Buyer to conduct own due diligence. No representations made.Some images are renderings. Copies of proposed plans can be provided. A dream location for long term ownership and/or development.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$190,000
|
$29.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$190,000
|
$29.69
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $190,000 |
| Annual Per SF | $29.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $190,000 |
| Annual Per SF | $29.69 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,950,000 | Building Class | C |
| Price Per Unit | $2,950,000 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 6,400 SF |
| No. Units | 1 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | ||
| Zoning | R3 | ||
| Price | $2,950,000 |
| Price Per Unit | $2,950,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 6,400 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | BRIG-000000-000021-002577 | Improvements Assessment | $1,490,300 |
| Land Assessment | $796,000 | Total Assessment | $2,286,300 |
Property Taxes
Parcel Number
BRIG-000000-000021-002577
Land Assessment
$796,000
Improvements Assessment
$1,490,300
Total Assessment
$2,286,300
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