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Sean Packard Of Centre Realty Group Represents Buyer In Brighton Multifamily Sale For $3.45M

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SOLD
$3,450,000

Massachusetts

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MultiFamily8,500 SF
Sold 02/18/2025
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SOLD

Sean Packard Of Centre Realty Group Represents Buyer In Brighton Multifamily Sale For $3.45M

133 141 Tremont Street

See Similar Deals
MultiFamily8,500 SF
Sold 02/18/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$405
Total Square Footage:8,500 SF
Transaction Type:Sale

The property asset involves a multifamily unit located at 133-141 Tremont Street, Brighton, MA. The sale price for this transaction was $3,450,000, consisting of 5 units with a price per unit of $690,000. The total square footage is 8,500, resulting in a price per square foot of $405.

Summary of transaction details:

This transaction involved significant collaboration between the representatives. Sean Packard from Centre Realty Group acted as the buyer's representative, while Peter Racheotes from Rock Hill Residential Group represented the seller, solidifying their roles in this multifamily asset transaction.

Players

Sean Packard
19 deals$41.2M volume
BROKER

Peter Racheotes
 Rock Hill Residential Group
2 deals$4.5M volume(617) 688-7850
BROKER

Details

SOLD
IMAGE: Sean Packard & Peter Racheotes DATE: 02/18/2025 ADDRESS: 133-141 Tremont Street MARKET: Brighton, MA ASSET TYPE: Multifamily BUYER'S REP: Sean Packard (@Sean.Packard) - Centre Realty Group (@CentreRealty) SELLER'S REP: Peter Racheotes (@RockhillRG) - Rock Hill Residential Group SALE PRICE: $3,450,000 UNITS: 5 ~ PPU: $690,000 SF: 8,500 ~ PPSF: $405

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$184,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12