Boston City Group Sells10-Unit Brookline Multifamily for $3.55 Million

0
824

Brookline, MA–Boston City Group negotiated the sale of 1013 Beacon Street, a 10-unit multi-family building in Brookline, MA.

Caroline Ligotti, Linda Redeker and Emily McGranaghan of Boston City Group marketed the property and exclusively represented the seller.

Boston City Group ran a comprehensive and cooperative marketing process for the property involving well over 100 groups from multiple regions, and over 45 offers received. The property closed at $1M+ over the original asking price.

As a building primed for a full renovation, 1013 Beacon represented a rare and exciting opportunity for both developers and investors. With its blond brick façade, oversized bay windows, the building holds tremendous street presence and character.

Comprised of three studios and seven 1-bedrooms. Situated on the Green Line in the Audubon Circle area of Brookline, with a dense concentration of Eds & Meds and a stone’s throw to Fenway Park. It is within walking distance of 8+ major colleges and 7+ hospitals in the Longwood Area, BioMed, BioPharm & research centers.

Brookline assessors’ records suggest that 1013 Beacon was likely constructed in the 1880’s by local builder and contractor Silas Merrill and his family. The building was once owned by prominent painter and woodcarver Alexander Pope, Jr., who lived there with his wife Alice in the late 1890’s.

Advertisement