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
Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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