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Multifamily Property In Brookline, MA Sold For $2.3M With Buyer's Rep Jason Gell & Seller's Rep Victoria Tran

Property Image
SOLD
$2,300,000
Victoria Tran
Jason Gell

Massachusetts

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MultiFamily7,452 SF
Sold 01/05/2024
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Property Image
SOLD

Multifamily Property In Brookline, MA Sold For $2.3M With Buyer's Rep Jason Gell & Seller's Rep Victoria Tran

197 Winchester Street & 199 Winchester Street

See Similar Deals
MultiFamily7,452 SF
Sold 01/05/2024
Victoria Tran
Jason Gell
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$308
Total Square Footage:7,452 SF
Transaction Type:Sale

A multifamily property located at 197-199 Winchester Street in Brookline, MA, has been sold for $2.3 million. The property spans 3,726 square feet with a price per square foot of $617.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Address: 197-199 Winchester Street, Brookline, MA
  • Market: Brookline, MA

The buyer in this transaction was represented by Jason Gell of RE MAX Real Estate Center, while Victoria Tran of Lineage Realty Group represented the seller.

It is worth noting that this sale was facilitated through the efforts of Jason Gell, the buyer's representative from RE MAX Real Estate Center, and Victoria Tran, the seller's representative from Lineage Realty Group.

Players

Victoria Tran
Lineage Realty Group
Victoria Tran
1 deal$2.3M volume(617) 682-0076
BROKER
Jason Gell
Re/Max
Jason Gell
1 deal$2.3M volume(617) 566-0300
BROKER

Details

SOLD
IMAGE: Jason Gell DATE: 01/05/2024 ADDRESS: 197-199 Winchester Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Jason Gell - RE MAX Real Estate Center (@ReMax_REC) SELLER'S REP: Victoria Tran - Lineage Realty Group SALE PRICE: $2,300,000 SF: 3,726 ~ PPSF: $617 NOTE: A multifamily property located at 197-199 Winchester Street in Brookline, MA, has been sold for $2.3 million. The transaction was facilitated by Jason Gell of RE MAX Real Estate Center representing the buyer and Victoria Tran of Lineage Realty Group representing the seller.

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

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08