16 Garrison Road #7A
$840,000
5
Beds
2
Baths
1,413
Sqft
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$840,000
5
Beds
2
Baths
1,413
Living Area
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Property Description
High-yield, turnkey investment opportunity in Brookline's coveted Washington Square! Tenants are in place paying $5,275 per month, offering a 5.5%+ cap rate, immediate cash flow, and long-term appreciation potential. This spacious 5-bedroom, 2-bath residence features a renovated open-concept kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and two updated bathrooms, including one with a walk-in shower. Hardwood floors, generously sized bedrooms, in-unit laundry, and bike storage add to the appeal. The professionally managed 8-unit association has completed major improvements, including a new roof in 2020 and a boiler replacement in 2016. Set on a quiet, tree-lined side street just steps from restaurants, cafés, shops, Star Market, parks, Coolidge Corner, and Cleveland Circle. Located less than a quarter mile from the Green Line and bus routes, with convenient access to Longwood Medical Area, downtown Boston, universities, and major highways. An exceptional opportunity for investors and future owner-occupants alike.
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Highlights
- Building Name: 16 Garrison Condominium Trust
- Heating: Baseboard
- Property Class: Residential
- Stories: 1
- Unit Number: 7a
- Status: Active
- Cooling: Window Unit(s)
- HOA Fee: $681
- Property Type: Condominium
- Total Rooms: 7
- Year Built: 1915
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Interior Features: Internet Available - Unknown
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Res
- Basement: N
- Flooring: Wood, Tile
- Roof: Rubber
- Total Number of Units: 8
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Bike Path, House of Worship, Public School, T-Station, University
- Security Features: Intercom
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $717,800
- HOA Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $7,350
- HOA Fee Frequency: Monthly
- Tax Year: 2026
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Listing information provided courtesy of Coldwell Banker Realty - Brookline.
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