Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    255 Tappan St Brookline, MA 02445

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Well-maintained two-family home near Washington Square and public transit.

    Lot size:
    0.23 Acres

    Property Features for 255 Tappan St

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1953

    We can help!

    Listing Contact
    Dan Rosenthal
    Source: Elliman

    Listing Agent: Dan Rosenthal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Brookline Two-Family Home with Yard

    Available for the first time in 72 years, this beautifully maintained brick two-family home with additional living space is perfectly positioned near Washington Square and Brookline's top restaurants and bars. Situated just off Beacon Street near Brookline High School and the Green Line, the property offers convenient access to amenities, including Star Market located at the end of the street. The property is set on nearly 10,000 sq. ft. with a spacious backyard. Each unit is turnkey-ready for immediate move-in or rental. The property features two 3-bedroom, 2-bath units with generous living and dining areas and well-equipped kitchens. The second-floor unit includes a private deck. The additional space includes a full kitchen, 1 bedroom, 1 bath, and in-unit laundry. Added highlights include a 2-car garage, extra driveway parking, basement access from all units, and ample storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brookline
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.136159
    Latitude
    42.3350146

    Nearby Similar for Sale

    • $475,000
      790 SF

      Brookline Medical Office For Sale

      790 SF office ideal for psychiatry, social workers, mental health.
      1180 Beacon St, Brookline, MA 02446
      View Details
    • $649,999

      Modern Brookline Office Space For Sale

      Renovated 8-room office space near public transport and parking.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Office Condo Near Green Line

      Office condo for sale near public transportation.
      1842 Beacon St, Brookline, MA 02445
      View Details
    • Contact for pricing

      Established Japanese Cuisine Restaurant Opportunity

      Long-established Japanese restaurant with liquor license for sale.
      1280 Beacon St, Brookline, MA 02446
      View Details
    • $3,450,999

      Brookline Three-Unit Corner Building

      Three-unit building in Coolidge Corner, Brookline, ideal for investment.
      45 Dwight St, Brookline, MA 02446
      View Details
    • Contact for pricing

      Brookline Village Retail Condo Opportunity

      Rare vacant retail condo in prime Brookline Village location.
      60 Harvard 1B, Brookline, MA 02145
      View Details
    • Contact for pricing

      Brookline Village Retail Condo Opportunity

      3304 SF retail condo in prime Brookline Village location.
      60 Harvard 1A, Brookline, MA 02145
      View Details
    • $1,999,999

      Coolidge Corner Two-Family Home

      Two-family home in desirable Coolidge Corner, Brookline. Excellent investment opportunity.
      589-591 Washington St, Brookline, MA 02446
      View Details
    • Contact for pricing

      Brookline Multifamily Investment Opportunity

      Three-unit residential building in prime Brookline location near public transit.
      181 Harvard St, Brookline, MA 02446
      View Details
    • Contact for pricing
      238 SF

      Coolidge Corner Office Condo

      Office condo in Brookline's Coolidge Corner with high visibility.
      1368 Beacon St, Brookline, MA 02446
      View Details
    • Contact for pricing

      Two-Family Home Awaiting Renovation

      Two-family home with original details, ready for renovation.
      105 Sumner Rd, Brookline, MA 02445
      View Details
    • Contact for pricing

      Prime Washington Square Triplex

      Three-family property in desirable location, perfect for development or investment.
      1572 Beacon St, Brookline, MA 02446
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home near Washington Square and public transit.
    Where is this duplex located?
    The property is located at 255 Tappan St Brookline, MA.
    What are key features of this property?
    This property features: - Prime location near Washington Square, Brookline High School, Green Line, and Star Market.; - Two turnkey-ready, 3-bedroom, 2-bath units, ideal for immediate move-in or rental.; - Spacious backyard on a nearly 10,000 sq. ft. lot.
    (617) 733-5155
    Request Owner's contact information
    255 Tappan St Brookline, MA 02445
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    255 Tappan St
    Brookline, MA 02445
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    255 Tappan St Brookline, MA 02445
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dan Rosenthal
    (617) 733-5155 (617) 383-5659
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!