61-63 Moraine Street
Update
11/05/17
Belmont apartment complex sold for $8.05 million
A 24-unit apartment complex located at 61-63 Moraine Street in Belmont, steps from Waverley Square, has been sold for $8.05 million. The sale amounts to over $335,000 per unit. Commercial brokerage NAI Hunneman represented seller CMS Moraine, LLC in the transaction and procured the buyer, investor Robert Maguire of Weston, MA. The building last sold in June 2015 for $5.2 million, over $216,000 per unit. 61-63 Moraine Street is located minutes from direct commuter rail service to Downtown Boston and Cambridge, as well as direct trolleybus service to Harvard Square and multiple shops and restaurants.
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