Linda Lee Purchases Multifamily Asset On Glasgow Street From Axel Ragnarsson For $930,000
1 Glasgow St, Boston, Ma 02118
$930,000
$215/SF
Building Size
4,320 SF
Asset Type
MultiFamily
Closing
Feb 1, 2026
AI
The asset involved in this transaction is a multifamily property located at 1 Glasgow Street in Boston, MA. The sale price was $930,000, with a total of 6 units available. The property has a total square footage of 4,320, resulting in a price per unit of $155,000 and a price per square foot of $215.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $930,000
- Units: 6
- Square Footage: 4,320
- Price Per Unit: $155,000
- Price Per Square Foot: $215
- Buyer: Linda Lee
- Seller: Axel Ragnarsson
- Broker: Josh Morris - New England Apartment Group
This transaction highlights the engagement of Linda Lee as the buyer and Axel Ragnarsson as the seller. The brokerage service was provided by Josh Morris, representing the New England Apartment Group, facilitating the process on behalf of the involved parties.
Players
Mattapan MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.06%
Cash-on-Cash
-4.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93