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120 Franklin Street #3 Brookline — Photo 1 of 42

120 Franklin Street #3 Brookline — Photo 1 of 42

$799,000

Investment Analysis — 120 Franklin Street #3

Brookline, MA 02445

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02445 carries an estimated $4,750/mo in gross rent — about a 3.20% cap rate and $25,540/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,265

Style

Condominium

Built

1900

Welcome to 120 Franklin St Unit 3, a spacious floor-through 3-bedroom, 1.5-bath condo in a classic 3-unit home near Brookline Village, the Brookline Hills T, and the Emerald Necklace. A gracious entry opens into an oversized living room & formal dining room drenched in southwest-facing natural light, highlighting hardwood floors, new insulated windows, and updated lighting throughout. The eat-in kitchen features quartz countertops, stainless steel appliances, gas cooking, and ample cabinetry. Enjoy a full bath with a tiled shower/tub, a convenient half bath, and 3 bedrooms, the primary large enough for King Size bed. Step outside to your exclusive-use rear deck, perfect for outdoor dining. This home includes 2-car off-street parking, private basement storage, in-unit laundry hookups, and a deeded walk-up attic with expansion potential. Enjoy unbeatable access to Whole Foods, local cafés, Olmsted Park, Route 9, and the Longwood Medical Area—a rare Brookline opportunity combining charm, space, and convenience.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$799,000
Annual Taxes$10,699.88
HOA Fee$590

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningM-1.0

Property & Lot

Acres0.07
SqFt Lot3,066
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl Third

15.833333333 x 13.583333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Pocket Door

Dining Room
Lvl Third

13.5 x 16.083333333

Flooring - Hardwood, Chair Rail, Lighting - Pendant, Pocket Door

Kitchen
Lvl Third

8.583333333 x 13.583333333

Pantry, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Beadboard

Primary Bedroom
Lvl Third

11.25 x 13.833333333

Closet, Flooring - Hardwood, Lighting - Pendant

Bedroom 2
Lvl Third

9.666666666 x 13.833333333

Bedroom 3
Lvl Third

8.75 x 10.166666666

Closet, Flooring - Hardwood, Lighting - Pendant

Bathroom 1
Lvl Third

4.916666666 x 10.166666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Third

4.75 x 3.5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Common Ground Collective Team

Listing Office: Compass

MLS® Number: 73583199