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27-29 Auburn St Multifamily Sells In Brookline For $1.8M Through Homezu

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SOLD
$1,799,000

Massachusetts

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MultiFamily3,979 SF
Sold 06/07/2024
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Property Image
SOLD

27-29 Auburn St Multifamily Sells In Brookline For $1.8M Through Homezu

27-29 Auburn Street

See Similar Deals
MultiFamily3,979 SF
Sold 06/07/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$452
Total Square Footage:3,979 SF
Transaction Type:Sale

Located at 27-29 Auburn Street in Brookline, MA, this multifamily property was sold for $1,799,000. The asset features two spacious units with in-unit laundry, hardwood floors, custom accents, spanning a total of 3,979 square feet at a price per unit of $899,500 and a price per square foot of $452.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,799,000
  • Units: 2
  • Square Footage: 3,979
  • Price per Unit: $899,500
  • Price per Square Foot: $452
  • Address: 27-29 Auburn Street
  • Market: Brookline, MA

The transaction was facilitated by Jason Saphire from Homezu. The property, a rare Coolidge Corner duplex, was successfully sold showcasing its unique features and amenities to the new owner.

Players

5 deals$10M volume
BROKER

Details

SOLD
IMAGE: Jason Saphire DATE: 06/07/2024 ADDRESS: 27-29 Auburn Street MARKET: Brookline, MA ASSET TYPE: Multifamily BROKER: Jason Saphire - Homezu SALE PRICE: $1,799,000 UNITS: 2 ~ PPU: $899,500 SF: 3,979 ~ PPSF: $452 NOTE: 27-29 Auburn St in Brookline, MA, sold for $1,799,000, showcasing a rare Coolidge Corner duplex with spacious units featuring in-unit laundry, hardwood floors, and custom accents.

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

$95,946.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,391.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,528.18
Annual Debt Service$102,338.13