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105-109 Charles Street

Kevin Benzinger Of Boston Realty Advisors Brokers Sale Of Mixed-Use Property At 105-109 Charles Street For $9.25M
SOLDMixed-use

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

Building Size

Asset Type

Mixed-use

Closing

Jul 9, 2024

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:

Kevin Benzinger of Boston Realty Advisors represented the transaction of the property, successfully facilitating the sale in the competitive Beacon Hill area of Boston.

Players

Kevin Benzinger

Boston Realty Advisors

Broker

$478.4M

vol

38 deals

Broker

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