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Belmont Multifamily Property Sold For $5.2M

Jul 10, 2015 | Reprints | Unlock Link | Print

CMS Realty Partners LLC of Cambridge has acquired a 24-unit multifamily property at 61-63 Moraine St. in Belmont for $5.2 million.

NAI Hunneman’s Carl Christie, Dan McGee and Henry Lieber represented the seller, LaFauci Family Realty Trust, which was the original builder.

“The buyer was seeking a well-located brick apartment building with upside potential and the timing was right for the owner to sell,” Christie said in a statement. “We were able to connect both sides and the deal came together quickly.”

Situated in Waverly Square near the Waltham line and the 59-acre Beaver Brook Reservation, 61-63 Moraine St. is comprised of one- and two bedroom units.

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