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140 Columbia Street

Updated Dec 4, 2024

John Saleh Sells MultiFamily Property In Brookline, MA For $2.5M
SOLDMultiFamily

John Saleh Sells MultiFamily Property In Brookline, MA For $2.5M

140 Columbia Street

$2,500,000

$580/SF

Building Size

4,310 SF

Asset Type

MultiFamily

Closing

Jun 6, 2024

About this deal

AI

A brick-building residence in Coolidge Corner, Brookline, sold for $2,500,000, offering a unique opportunity to create two condominium units or generate rental income from multiple levels. Situated near Coolidge Park and Ridley School, with convenient access to amenities and transportation including the MBTA B and C lines, the property boasts a serene location on a tree-lined street with a two-car garage and tandem parking for three additional cars.

Summary of transaction details:

The broker of the transaction was John Saleh from Centre Realty Group, facilitating the sale of the brick-building residence in Coolidge Corner. The property's location near Coolidge Park and the Ridley School, along with its proximity to transportation options and amenities, made it an attractive investment opportunity for potential buyers.

On the Map

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$2,500,000

$580/SF

MultiFamily

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Players

John Saleh

Centre Realty Group

Broker

$2.5M

vol

1 deal

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $580 per square foot on a published $2.5M for 4,310 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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