Updated Dec 4, 2024
Kevin Benzinger Of Boston Realty Advisors Brokers Sale Of Mixed-Use Property At 105-109 Charles Street For $9.25M
105-109 Charles Street
$9,250,000
Units
18
Asset Type
Mixed-use
Closing
Jul 9, 2024
About this deal
AI
The mixed-use property located at 105-109 Charles Street in Boston, MA, has been sold for $9.25 million. This asset includes 18 residential units along with three retail spaces, situated in a prime location near key Boston landmarks. The price per unit is calculated at $513,889.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $9,250,000
- Units: 18
- Price Per Unit: $513,889
- Date of Sale: 07/09/2024
- Broker: Kevin Benzinger - Boston Realty Advisors
- Market: Boston, MA
Kevin Benzinger of Boston Realty Advisors represented the transaction of the property, successfully facilitating the sale in the competitive Beacon Hill area of Boston.
On the Map
$9,250,000
Mixed-use
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Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93