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Quintess Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M

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SOLD
$2,300,000

Massachusetts

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MultiFamily5,402 SF
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Property Image
SOLD

Quintess Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M

71 Harvard Avenue

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MultiFamily5,402 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$425
Total Square Footage:5402 SF
Transaction Type:Sale

A multifamily property located at 71 Harvard Avenue in Brookline, MA, has changed hands for $2.3 million. The property is a 5,402 square foot multifamily asset. The price per square foot for this transaction is $426.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Address: 71 Harvard Avenue, Brookline, MA
  • Market: Brookline, MA
  • Buyer's Representative: Janet Qin - Quintess Real Estate
  • Seller's Representative: The Apex Team - Apex Realty Group, LLC

The buyer, represented by Janet Qin from Quintess Real Estate and the seller's representative, The Apex Team of Apex Realty Group, LLC, facilitated the deal.

Players

Janet Qin
1 deal$2.3M volume(978) 761-9838
BROKER

Details

SOLD
IMAGE: Janet Qin DATE: 01/02/2024 ADDRESS: 71 Harvard Avenue MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Janet Qin - Quintess Real Estate SELLER'S REP: The Apex Team - Apex Realty Group, Llc (@ApexSold) SALE PRICE: $2,300,000 SF: 5,402 ~ PPSF: $426 NOTE: A multifamily property located at 71 Harvard Avenue in Brookline, MA, has changed hands for $2.3 million. The deal was facilitated by Janet Qin from Quintess Real Estate representing the buyer and The Apex Team of Apex Realty Group, LLC, acting as the seller's representative.

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
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