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Giancarlo Tiberi Of Core Property Group Represents Buyer In Brookline Multifamily Sale For $5.2M

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SOLD
$5,200,000

Massachusetts

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MultiFamily6,040 SF
Sold 04/10/2025
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Property Image
SOLD

Giancarlo Tiberi Of Core Property Group Represents Buyer In Brookline Multifamily Sale For $5.2M

45 Carlton Street

See Similar Deals
MultiFamily6,040 SF
Sold 04/10/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$860
Total Square Footage:6,040 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 45 Carlton Street in Brookline, MA. This multifamily asset sold for $5,200,000, featuring 9 units across a total of 6,040 square feet. The price per unit stands at $577,777, while the price per square foot is $860. The property comprises 1 studio one bath unit, 7 one bedroom one bath units, and 1 two bedroom one bathroom unit, along with 8 off-street parking spaces.

Summary of transaction details:

The deal showcases Giancarlo Tiberi representing the buyer, while Ryan Foley and Ryan Bartlett represent the seller. This transaction is noted as an investment opportunity with strong potential, particularly for investors seeking income-generating assets in an area known for its limited inventory.

Players

Giancarlo Tiberi
24 deals$95.1M volume(617) 909-9191
BROKER

Ryan Bartlett
Greater Metropolitan Real Estate
6 deals$14.4M volume
BROKER

Ryan Foley
Greater Metropolitan Real Estate
14 deals$51.4M volume
BROKER

Details

SOLD
IMAGE: Ryan Foley, Ryan Bartlett & Giancarlo Tiberi DATE: 04/10/2025 ADDRESS: 45 Carlton Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Giancarlo Tiberi - Core Property Group (@CorePropertyGroup) SELLER'S REP: Ryan Foley & Ryan Bartlett (@RJBartlet) - Greater Metropolitan Real Estate (@GMREBoston) SALE PRICE: $5,200,000 UNITS: 9 ~ PPU: $577,777 SF: 6,040 ~ PPSF: $860 NOTE FROM BROKER: **** BROOKLINE INVESTMENT OPPORTUNITY**** Offering a NINE unit TURN KEY rental property with 8 off street parking spaces. Comprised of (1) Studio One bath unit , (7) One bedroom One bath units & (1) Two bedroom one bathroom unit. Great natural sunlight and fantastic layouts. Ideal for investors who want to purchase an income generating asset in an area with historically scarce inventory. Perfect for a 1031 Tax Exchange or anyone looking to secure a fabulous investment in Brookline. ROCK SOLID INVESTMENT. Excellent Location

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

$277,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83