Wan-ting Hsu Of Steve Bremis Realty Group Represents Buyer Eileen Strong O'Boy Of Hammond Residential Sells Brookline Multifamily For $1.6M
7-9 Henry Street
$1,600,000
$687/SF
Building Size
2,328 SF
Asset Type
MultiFamily
Closing
Aug 30, 2024
AI
A two-family residence at 7-9 Henry Street in Brookline, MA, has been sold for $1,600,000. The property comprises 2,328 square feet and includes 6 bedrooms and 2.5 bathrooms. The price per unit is $800,000, and the price per square foot is $687. The property requires some renovations and features a partially finished basement, a spacious yard, and a 2-car garage. It is conveniently located near Brookline Village and Longwood Medical.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 2
- Square Footage: 2,328
- Price Per Unit: $800,000
- Price Per Square Foot: $687
- Buyer's Representative: Wan-ting Hsu - Steve Bremis Realty Group
- Seller's Representative: Eileen Strong O'Boy - Hammond Residential Real Estate
Wan-ting Hsu represented the buyer in this transaction while Eileen Strong O'Boy acted as the seller's representative. Both agents are affiliated with their respective real estate agencies, facilitating the completion of this multifamily property deal.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93