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19 Columbia Street

Barrie Wheeler & Niko Stafford Broker Multifamily Sale In Brookline For $2.85M
SOLDMultiFamily

Barrie Wheeler & Niko Stafford Broker Multifamily Sale In Brookline For $2.85M

19 Columbia Street

$2,850,000

$611/SF

Building Size

4,663 SF

Asset Type

MultiFamily

Closing

Apr 30, 2024

AI

A Victorian residence at 19 Columbia St, Brookline, sold for $2.85 million, featuring six beds and four baths across 4,663 square feet. The property includes a two-car garage, additional parking, and offers rental income potential or the opportunity for conversion to single-family or condominium units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,850,000
  • Address: 19 Columbia Street
  • Market: Brookline, MA
  • Price per Square Foot: $611

Niko Stafford from Centre Realty Group represented the buyer, while Barrie Wheeler from Hammond Residential Real Estate represented the seller in the transaction.

Players

Barrie Wheeler

Hammond Residential Real Estate

Broker

$4.7M

vol

2 deals

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.57%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93