3 High Street Place, Brookline, MA for sale

Investment Overview

Northeast Private Client Group, Inc. is pleased to present 3 High Street Place, a three-unit multifamily property in Brookline Village, one block from Route 9 and a short walk from the Brookline Village Green Line station. Offered at $2,195,000, or $731,667 per unit and $770.18 per square foot, the property brings a roster of all-two-bedroom apartments to one of Greater Boston's most established rental submarkets. Built in 1910, the building holds three identical two-bedroom apartments set on a 0.075-acre lot zoned M10. The building was gut-renovated in 2022 — all systems, windows, and the roof replaced — leaving a simple product to lease and manage. Heat is gas-fired hot water; tenants pay their own electricity on separate meters, while ownership carries water and sewer and trash. The property draws on Brookline's schools, transit, and proximity to the Longwood Medical Area. In-place income is stabilized, set by leases that run into 2027, so the cash flow is contracted rather than speculative. The town assessor rates the structure Grade A in good condition, describing a property maintained rather than deferred. 3 High Street Place offers a stabilized multifamily investment: an all-two-bedroom, Grade A building in Brookline Village, carrying contracted in-place income in one of Greater Boston's most established rental submarkets. All interested and qualified parties will have the opportunity to obtain additional information upon request.

Investment Highlights

• Full Gut Renovation In 2022 – All Systems, Windows, Roof
• Two-Bedroom Floor Plans
• Tenant Paid Utilities – Separate Meters
• Storage and Off-Street Parking
• Steps to Brookline Village
• Leases Through 2027