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The Charles Realty Acquires Brighton, MA MultiFamily Property For $2.75M

Property Image
SOLD
$2,750,000
Betsy Herald
Erik Anderson

Massachusetts

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MultiFamily3,820 SF
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Property Image
SOLD

The Charles Realty Acquires Brighton, MA MultiFamily Property For $2.75M

153 Foster St, Brighton, Ma 02135

See Similar Deals
MultiFamily3,820 SF
Sold
Betsy Herald
Erik Anderson
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$719
Total Square Footage:3820 SF
Transaction Type:Sale

On June 30, 2023, a multi-family property in Brighton, MA, located at 153 Foster Street, was sold for $2,750,000. The property comprises 3,820 square feet, with a price per square foot of $720.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $2,750,000
  • Square Footage: 3,820 sq ft
  • Price per Square Foot: $720
  • Address: 153 Foster Street, Brighton, MA
  • Market: Brighton, MA

Betsy Herald, representing The Charles Realty, acted as the buyer's representative in this transaction. Erik Anderson, from Concept Properties, served as the seller's representative.

Players

Betsy Herald
The Charles Realty
Betsy Herald
4 deals$13.7M volume
BROKER
Erik Anderson
Erik Anderson
2 deals$5M volume(508) 386-5215
BROKER

Details

SOLD
IMAGE: Erik Anderson & Betsy Herald DATE: 06/30/2023 ADDRESS: 153 Foster Street MARKET: Brighton, MA ASSET TYPE: MultiFamily BUYER'S REP: Betsy Herald (@BetsyHeraldRealtor) - The Charles Realty (@TheCharlesRealty) SELLER'S REP: Erik Anderson - Concept Properties (@ConceptPropertiesBoston) SALE PRICE: $2,750,000 SF: 3,820 ~ PPSF: $720 NOTE: On June 30, 2023, a multi-family property in Brighton, MA, located at 153 Foster Street, was sold for $2,750,000. The property comprises 3,820 square feet, with a price per square foot of $720.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
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