About this home
We are pleased to present the opportunity to acquire Beacon Fairbanks Manor, a 56-unit apartment community in one of Greater Boston’s most highly ranked and supply-constrained submarkets, Brookline, MA. Beacon Fairbanks Manor occupies a prime position on Beacon Street between Coolidge Corner and Washington Square, sitting directly on the MBTA Green Line Fairbanks Street stop. The property consists of 11 Studios, 30-One Bedroom, and 15-Two Bedroom units. The property provides durable in-place income underpinned by an irreplaceable location and strong tenant demographic, paired with a clear value-add business plan with significant upside. The property sits within a short commute of the 213-acre Longwood Medical Area; home to Brigham and Women’s Hospital, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, and Dana Farber Cancer Institute. Additionally, Beacon Fairbanks Manor provides rapid transit to tenants who work in the major employment hubs of Boston, Cambridge, Brookline, and beyond. Nearby amenities are unmatched within Coolidge Corner and Washington Square, known for boutique dining, grocery options, retail, nightlife, and a strong sense of community that supports low turnover rates.
Listing last checked: Listing updated:
Listed by Kevin Benzinger · Boston Realty Advisors · MLS #73592434
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Details at a glance
Interior2 property facts
- Rooms
- 99
- Basement
- Not reported
Building4 property facts
- Style
- 5+ Family - 5+ Units Up/Down
- Year built
- 1910
- Foundation
- Other
- Roof
- Other
Land & utilities5 property facts
- Lot size
- 0.42 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- 99
Financial2 property facts
- Annual taxes
- $99
- Assessment year
- 99
Location
Estimated monthly cost
Explore costs at the $21,750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$109,988 / monthAdjust
- Principal & interest
- $109,980
- Property tax
- $8
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $99. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $7,765,086
Estimated range $3,098,039–$12,432,132.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 1539 Beacon Street
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Request a tour of 1539 Beacon Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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