GMRE reps. seller in $5.2 million sale of fully-leased nine-unit property

Brookline, MA A nine-unit, fully-leased multifamily property located at 45 Carlton St. has sold for $5.2 million, representing a strong investment transaction in one of Greater Boston’s most sought-after markets.

This turn-key asset includes eight off-street parking spaces and is comprised of one studio, seven one-bedroom units, and one two-bedroom unit. The property features natural sunlight, well-designed layouts, and consistent rental income.

“This was an outstanding opportunity to secure a rock-solid investment in a location where inventory is historically scarce,” said Giancarlo Tiberi, president and founder of Core Property Group, who represented the buyer. “It’s a perfect fit for a 1031 exchange or anyone looking for a long-term hold in Brookline.”

The seller was represented by Ryan Foley and Ryan Bartlett of GMRE.