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43 Ackers Avenue, Brookline...

Updated Dec 21, 2023

MP Signature Realty LLC Sells Multifamily Property In Brookline, MA For $1.31M
SOLDMultiFamily

MP Signature Realty LLC Sells Multifamily Property In Brookline, MA For $1.31M

43 Ackers Avenue, Brookline, MA 02445

$1,310,000

$503/SF

Building Size

2,604 SF

Asset Type

MultiFamily

Closing

Aug 30, 2021

About this deal

AI

A multifamily property located at 43 Ackers Ave in Brookline, MA has been sold for $1,310,000. The property spans 2,604 square feet, resulting in a price per square foot of $503.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,310,000
  • Address: 43 Ackers Ave, Brookline, MA
  • Market: Brookline, MA
  • Square Footage: 2,604
  • Price per Square Foot: $503

The sale of this multifamily property was facilitated by Jimmy Wen of MP Signature Realty LLC.

The multifamily sale at 43 Ackers Avenue, Brookline, MA 02445 in Brookline, Massachusetts sold for $1.3M in 2021. The building is 2,604 square feet, implying about 503 per square foot on the published price. Jimmy Wen, MP Signature Realty appear on the sale alongside MP Signature Realty. This page is the Brookline, Massachusetts file for the 43 Ackers Avenue, Brookline, MA 02445 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brookline sit in the Market section below. Filter that Brookline multifamily set by closing date to see what else sold near 43 Ackers Avenue, Brookline, MA 02445 around 2021. Published consideration for 43 Ackers Avenue, Brookline, MA 02445 is $1.3M, dated 2021. Cite this MP Signature Realty LLC Sells Multifamily Property In Brookline, MA For $1.31M sale when underwriting similar multifamily product around Brookline, Massachusetts.

Players

Jimmy Wen

MP Signature Realty

Broker

$1.3M

vol

1 deal

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $503 per square foot on a published $1.3M for 2,604 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.11%

Cash-on-Cash

-3.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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