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

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SOLD
$2,500,000

Massachusetts

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MultiFamily4,310 SF
Sold 06/06/2024
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SOLD

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

140 Columbia Street

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MultiFamily4,310 SF
Sold 06/06/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$580
Total Square Footage:4,310 SF
Transaction Type:Sale

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.

Players

John Saleh
1 deal$2.5M volume(617) 775-0894
BROKER

Details

SOLD
IMAGE: John Saleh DATE: 06/06/2024 ADDRESS: 140 Columbia Street MARKET: Brookline, MA ASSET TYPE: MultiFamily BROKER: John Saleh - Centre Realty Group (@CentreRealty) SALE PRICE: $2,500,000 SF: 4,310 ~ PPSF: $580 NOTE: 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.

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
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