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847 E 5th St, Boston, Ma 02...

Updated Dec 21, 2023

Revival Realty Acquires Multifamily Property In South Boston For $2.05M
SOLDMultiFamily

Revival Realty Acquires Multifamily Property In South Boston For $2.05M

847 E 5th St, Boston, Ma 02127, Usa

$2,050,000

$814/SF

Building Size

2,517 SF

Asset Type

MultiFamily

Closing

Feb 25, 2020

About this deal

AI

The property involved in this transaction is a multifamily asset located at 847 East Fifth Street in South Boston. The property consists of 2 units with a total square footage of 2,517. The sale price for this property is $2,050,000, resulting in a price per square foot of $814.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,050,000
  • Address: 847 East Fifth Street
  • Market: South Boston

The seller of this property is the Walsh Family, while the buyer is Revival Realty represented by James McClure.

Players

South Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $814 per square foot on a published $2.1M for 2,517 square feet (2020).

Browse South Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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