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12-14 Edwin Street

Red Tree Real Estate Acquires Multifamily Property In Brookline, MA
SOLDMultiFamily

Red Tree Real Estate Acquires Multifamily Property In Brookline, MA

12-14 Edwin Street

$1,600,000

$416/SF

Building Size

3,845 SF

Asset Type

MultiFamily

Closing

Feb 22, 2023

AI

The multifamily asset located at 12-14 Edwin Street in Brookline, MA, has been sold for a transaction price of $1,600,000. The property comprises three units and has a total square footage of 3,845. With a price per unit of $533,333 and a price per square foot of $416, this sale involves a notable investment in the local real estate market.

Summary of transaction details:

Nicole Stabnikov represented the buyer, Red Tree Real Estate, in this real estate transaction. Sarah McIntyre acted as the seller, completing the sale on February 22, 2023.

Players

Nicole Stabnikov

Red Tree Real Estate

Broker

$19M

vol

14 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93