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7-9 Henry Street

Updated Dec 4, 2024

Wan-ting Hsu Of Steve Bremis Realty Group Represents Buyer Eileen Strong O'Boy Of Hammond Residential Sells Brookline Multifamily For $1.6M
SOLDMultiFamily

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

About this deal

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:

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.

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$1,600,000

$687/SF

MultiFamily

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Players

Eileen Strong O'Boy

Hammond Residential Real Estate

Broker

$3.8M

vol

2 deals

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $687 per square foot on a published $1.6M for 2,328 square feet (2024).

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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

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