News: Front Section
Posted: January 6, 2023
Northeast Private Client Group facilitates $2.515m multifamily sale
East Boston, MA Northeast Private Client Group (NEPCG) has completed the sale of the Brooks St. Apartments. Senior associates Francis Saenz and Drew Kirkland along with investment associates Jim Casey and Brad Carlson represented the seller and procured the buyer for the multifamily transaction. Brooks St. Apartments sold for $2.515 million.
This 7,840 s/f eight-unit multifamily property was built in the 1920s and is comprised of two one-bedroom, three two-bedroom, one three-bedroom and two four-bedroom floor plans. Situated on the corner of Brooks and White St. in the Eagle Hill neighborhood, the property is 0.9 miles from Maverick Station (Blue Line) and 1.4 miles from Chelsea Commuter Rail.
“Through our relationships, we were able to procure a buyer off-market. The new owners will have the ability to add value to the property through minor interior renovations and achieve market rents,” said Saenz.
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