97-103 University Rd Brookline — Photo 1 of 8
Recent Drop: $400,000
$5,500,000
Investment Analysis — 97-103 University Rd
Brookline, MA 02445
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-unit multi-family in 02445 carries an estimated $18,700/mo in gross rent — about a 2.92% cap rate and $160,545/yr in estimated NOI at the $5,500,000 list price. Adjust every assumption in the calculator below.
Beds
12
Baths
7
SqFt
7,308
Style
Multi Family
Built
1900
Rare development opportunity in the heart of Brookline's coveted Washington Square neighborhood. Situated on University Road, 97 and 101-103 University are comprised of two abutting multifamily lots totaling 12,219 SF (approximately 6,000 SF each), with the ability to build three residential units on each lot by right. 6 Units total. OR ZBA-approved plans for a 9 Unit Development... past demo stay. Developers, investors, and end-users alike will appreciate the flexibility to develop the parcels separately or explore combining the lots for a larger-scale project. This property is offering a rare chance to capitalize on one of Greater Boston's most desirable and supply-constrained residential markets. No representations made by seller; buyer to perform their own due diligence. Email or Text me for more details.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • House of Worship
Geography
Property History
$5,500,000
Was $5,900,000
Jul 22, 2026
MLS® 73534622
$5,900,000
Jun 11, 2026
MLS® 73534622
Listing Agent: Eric Tam
Listing Office: Compass
MLS® Number: 73534622
