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Multifamily Building
For Sale
$3,195,000

1343 Beacon Street, Brookline, MA 02446

Built in 1905 near Coolidge Corner, the property sits between Harvard St and Saint Paul St on Beacon St.

Property Size5,536 SF
Price / SF$577.13
Days on Market60

Property Features for 1343 Beacon Street

General Information

Standard status Active
Size 5,536 SF
Property subtype Multi-family

Building Details

Year Built 1905
Listing Agency: City Realty Group
Listed By: Jacob Simmons
Source: Benoitrealestate
Added: Aug 7 Changed: Sep 12 Last Checked: Oct 4 at 10:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of City Realty Group

Investment Insights

Based on property information with market context.

Located at 1343 Beacon St in Brookline, this multifamily property contains 5,536 square feet and dates to 1905. The property is identified with G175 zoning.

The building is positioned near Coolidge Corner along Beacon St, between Harvard St and Saint Paul St. Its location provides a defined setting within Brookline’s established street network.

Key Highlights

  • 5,536‑square‑foot multifamily property
  • Built in 1905
  • G175 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$91,499
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,829,980 $1.8M
Cap Rate 7%
$1,307,129 $1.3M
Cap Rate 9%
$1,016,656 $1.0M
Market Conditions
NOI Build-Up for 5,536 SF
Gross rent
$176.0K $31.80/SF
− Vacancy
−$9.7K −$1.75/SF
EGI
$166.4K $30.05/SF
− OpEx
−$74.9K −$13.52/SF
NOI
$91.5K $16.53/SF
Area
Norfolk County, MA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,829,980
Cap Rate 7%
$1,307,129
Cap Rate 9%
$1,016,656

Alternative Uses

Best Use
Apartment 5plus
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,499 @ 7.0% cap · market cap 2.86%
Second Best
Mixed Use
$764.0K
$668.5K – $891.3K (±1% cap)
NOI $53,478 @ 7.0% cap · market cap 1.67%
Theoretical Best
Office A
$3.28M
$2.87M – $3.82M (±1% cap)
NOI $229,410 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Wavelengths Salon Hair Salon Hair By Lisa ... Hair Salon

Suggested Use

Top Pick Law Firm Food Market Accounting Firm Grocery & Convenience Store Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,435
Businesses Nearby

Demographics for 02446, MA

31,957
Population
15,298
Households
2.1
Avg Household Size
34
Median Age
85%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
24,582
Density / Sq Mi
$127,519
Median Household Income
$73,950
Median Earnings
$2,757
Median Rent
$1,172,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Built in 1905 near Coolidge Corner, the property sits between Harvard St and Saint Paul St on Beacon St.
Where is this multifamily property located?
The property is located at 1343 Beacon Street Brookline, MA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: 5,536‑square‑foot multifamily property; Built in 1905; G175 zoning
More about this property
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