Property Description

5 Eliot Avenue offers investors the opportunity to purchase a fully leased residential three-family property located in Brookline, Massachusetts. Two units are comprised of two-bedroom, one-bathroom units, with (one) three-bedroom, two-bathroom unit. The three-bedroom, two-bathroom unit spans two floors and includes in-unit laundry, +/-1,600 square feet, mini-split systems, and allows owner-occupants ample living area. Recent capital improvements in 2011 include upgraded plumbing (PVC), upgraded electrical with sub-panels in unit, and foam insulation on first two floors. Four car parking is onsite (4 spaces, 2 tandem spaces that fit 4 cars). Located less than 100 yards from Hayes School (Heath School), 5 Eliot Avenue contains 3,230 square feet of living area, per measured plans attached. Three residential leases provide over $8K a month in rental income. Tenants pay their own utilities, including heat and electric.